NOI / Year
$-10,050
Cap Rate
-0.84%
GRM
0.00x
DSCR
-0.14
Mixed-UseOff-Market
Riverside Central Mixed-Use Redevelopment
location_on890 Commerce St, Riverside, CA 92501
List Price
$1,200,000
Sq Ft
12,000
Built
1958
person
Developer
Apex Development Group
infoProperty Overview
Former auto shop on 12,000 sqft lot, zoned mixed-use. Plans drafted for 6 residential units + ground-floor retail. Shovel-ready, permits in progress.
Square Feet
12,000
Lot Size
0.28 Acres
Year Built
1958
Key Features
Mixed-Use Zoning6 Res. Units PlannedGround-Floor RetailPermits In ProgressInfill Lot
trending_upIncome Assessment
Rent Scenario
Units
Gross Annual Income$0
Price per SqFt$100
Est. Cap Rate-0.84%
calculateUnderwriting — Annual Expenses
$
$
$
$
$
$
8%
Total Annual Expenses$10,050