1550 University

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1550 University

Riverside, CA 92507
Asking Price
$3.99M
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Parcel covers 1.03 acres of land available for sale.
  • Property is listed at an asking price of $3,990,000.
  • Site is located at 1550 University in Riverside, California.
  • Strategic location within the Inland Empire economic hub.
  • Parcel coordinates are situated at 33.9794, -117.3311.

What's Special

Development of this 1.03-acre parcel at 1550 University in Riverside presents a strategic opportunity for investors seeking to capitalize on a growing Southern California market. The site is well-positioned within an area known for academic and industrial activity, providing potential for various commercial or mixed-use applications that serve the needs of the surrounding community. Its location in Riverside offers access to a significant regional workforce and a network of transportation corridors that support broader economic growth across the Inland Empire. Prospective buyers should consider the scale of this land tract when evaluating long-term plans for commercial construction or speculative development. This asset represents a functional footprint for entities looking to establish or expand their presence in a central Riverside location. Careful analysis of local zoning and surrounding infrastructure will clarify the specific development potential for this notable plot of land.

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NOI
$80,000
Cap Rate
2.01%
DSCR
0.34
Underwater
Cash-on-Cash
-13.11%
Monthly Payment
$19,740.343
Annual Cash Flow
$-156,884.116

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