Properties

Riverside, CA 92543 501 N Palm Avenue

501 N Palm Avenue Riverside, CA - Image 1501 N Palm Avenue Riverside, CA - Image 2
Presented By: David Limon with Your Home Selling Pros; 951-445-0691
  • MLS# SW26021463
  • 01/28/2026
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Home Details

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 (40โ€™x90โ€) 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 youโ€™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.
Presented By: David Limon with Your Home Selling Pros; 951-445-0691

General for 501 N Palm Avenue

Additional Parcels Y/NNo
CityRiverside
Community FeaturesStreetLights, Suburban
CountyRiverside
DirectionsFrom Florida Ave, travel north on Palm Ave. The property will be on your left.
HOANo
HOA Fee$
Land Lease Y/NNo
Listing TermsCash, Conventional, Submit
Lot Size Square Feet12632
Lot Size UnitsSquareFeet
MLS Area252 - Riverside
New ConstructionNo
PostalCityHEMET
Property TypeLand
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Lot1
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
ViewNone
ZoningC-2

Exterior for 501 N Palm Avenue

FencingChainLink
Lot FeaturesLevel, Paved, StreetLevel
Lot Size Acres0.29
Lot Size Area12632
Lot Size SourceAssessor
Water SourceSeeRemarks

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $200,000
MLS#SW26021463
List Date 01/28/2026
Property Type Land
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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