217 Iowa

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217 Iowa

Riverside, CA 92507
Asking Price
$450K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The land parcel totals 0.41 acres for development.
  • Asking price for this Riverside property is $450,000.
  • This site is positioned within the 92507 ZIP code.
  • Riverside remains a key commercial hub in Southern California.
  • The location is suitable for diverse commercial use cases.

What's Special

This 0.41-acre parcel of land in Riverside, California, is currently available for purchase and provides a flexible foundation for developers or investors seeking a strategic footprint in the Inland Empire. Situated in the 92507 ZIP code, the property benefits from the broader economic activity of this growing suburban region, which serves as a key logistical and commercial hub within Southern California. The location offers accessibility to major transportation corridors that support the movement of goods and people throughout the metropolitan area. Given the land asset type and the surrounding market characteristics, this site is suited for a range of commercial or light industrial development projects. Buyers can leverage the existing infrastructure of the Riverside market to pursue build-to-suit opportunities or long-term holds. Proximity to local workforce populations and established business districts makes this an option for those looking to expand their operational capacity in a high-demand submarket.

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NOI
$80,000
Cap Rate
17.78%
DSCR
2.99
Strong
Cash-on-Cash
39.47%
Monthly Payment
$2,226.354
Annual Cash Flow
$53,283.746

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