Property Detail

501 N Palm

Riverside CA 92543

$200,000

Status: Active

Property Details

Description

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.

Map Location

Listing provided courtesy of David Limon of Your Home Selling Pros. Last updated 2026-01-31 09:21:34.000000. Listing information © 2025 CRMLS.

Quinten Sharp

Quinten Sharp

DRE# 00973844
Inquire Now
admin Real estate 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM 9:00 AM - 6:00 PM 9:00 AM - 5:00 PM 9:00 AM - 5:00 PM https://static.royacdn.com/Site-39e808ae-cec3-4f41-bdc3-b18486385755/assets/QSharp.jpg Broker # # # https://static.royacdn.com/Site-39e808ae-cec3-4f41-bdc3-b18486385755/assets/QSharp.jpg