Riverside, California Commercial Real Estate Market Report

The Riverside commercial real estate market currently features 75 active listings on the Commrty platform. This inventory is heavily weighted toward sale opportunities, which account for 69 of the total listings, while only 6 properties are available for lease. The market has seen a surge of activity with 64 new listings added over the past 90 days, though no new inventory has been introduced in the most recent 30-day period. Currently, only one asset has been removed from the platform due to a completed sale or lease within the last 180 days. Pricing for sale listings on the platform ranges from $1 million to $19 million, with a median asking price of $1.1 million derived from 57 published listings. Investors looking for yield in this region will find a median advertised cap rate of 5.90%. These figures provide a baseline for understanding the current cost of entry for available assets across the metro area. The property mix on Commrty is diverse, led by 21 land parcels and 19 multifamily listings, both of which are offered exclusively for sale. Industrial inventory consists of 14 listings, with 11 for sale and 3 for lease. Retail offerings comprise 10 sale listings, while the office sector accounts for 7 properties, split between 4 for sale and 3 for lease. This distribution offers a range of options for investors interested in development, residential holdings, or owner-user industrial and office space within the broader Riverside economy.