Aka Via Alia

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Aka Via Alia

Riverside, CA 92503
Asking Price
$422K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Development site consisting of 1.5 acres of land
  • Priced at 422000 dollars for the total parcel
  • Situated within the growing market of Riverside, California
  • Strategically located in the Inland Empire region
  • Available for potential commercial or residential development

What's Special

Development of this 1.5-acre parcel on Aka Via Alia provides a practical solution for investors or builders looking to establish a presence within Riverside, California. Positioned in a growing suburban market of the Inland Empire, this land offers sufficient scale for residential or commercial projects that align with local zoning regulations and community needs. Its location serves as a strategic point for those navigating the broader Southern California logistics and housing landscape, benefiting from the region's steady population expansion and proximity to major regional transit corridors. The site allows for a variety of development configurations, making it a viable candidate for builders targeting the active Riverside market. Prospective buyers should evaluate the site's orientation and topography to determine the most effective utility for this acreage. Given the steady demand for land throughout this part of the state, this property represents a clear addition to a development portfolio focused on long-term growth within the 92503 ZIP code.

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NOI
$80,000
Cap Rate
18.96%
DSCR
3.19
Strong
Cash-on-Cash
43.40%
Monthly Payment
$2,087.826
Annual Cash Flow
$54,946.091

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