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Riverside, CA

$169,900

501 N Palm Avenue, Riverside, CA
121
Days listed

About this home

Excellent Opportunity for Owner-User or Investor. Rare opportunity to acquire a versatile commercial lot (Zoned C-2 General Commercial) with strong income potential and value-add upside. Situated on a generous 12,632-square-foot parcel, this property offers flexible use options ideal for an owner-operator looking to secure their own space or an investor seeking future appreciation and cash flow. The property may be purchased with a 3,600SF (40’x90”) metal building for an additional $75,000, providing an efficient and cost-effective solution for immediate occupancy or lease-up. With targeted improvements, the property offers a projected 8.42% cap rate, making it well-suited for a value-add or repositioning strategy. Ample lot size allows for a wide range of commercial or industrial uses, expansion potential, outdoor storage, or operational flexibility. Whether you’re looking to operate your business, expand an existing operation, or enhance returns through improvements, this property delivers both current utility and long-term upside. Ideal for owner-users, investors, or entrepreneurs seeking flexibility, income potential, and future growth.

Facts & features

Exterior & lot
Lot size
0.29 acres (12,632 sq ft)
Community
Area
252 - Riverside
County
Riverside
Community features
Street Lights, Suburban
Listing details
Status
Active
Property type
Land
Days on market
121
Listed
2026-01-28
Original price
$200,000
Terms
Cash, Conventional, Submit
Parcel #
442030033
MLS #
SW26021463
Listed by
David Limon · Your Home Selling Pros

Location

Price history

Listed
$200,000 · 2026-01-28
Price reduced
$169,900 (−$30,100)
Days on market
121
Current price
$169,900
Financing

Could this home be yours?

Estimated monthly payment
$1,066
$859 principal & interest · $207 taxes & insurance
$33,980
Estimate only
Loan $135,920

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Listing data provided by CRMLS

Listing courtesy of Your Home Selling Pros. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 29, 2026 Equal Housing Opportunity.

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501 N Palm Avenue, Riverside, CA — $169,900 | Your Agent