Riverside, CA 92543,501 N Palm AVE
Riverside, CA 92543,501 N Palm AVE
Riverside, CA 92543,501 N Palm AVE
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Carlos Elizalde

Carlos Elizalde

+1(714) 389-8310
$ 200,000
Est. payment | /mo

0.29 Acres Lot

Save
$ 200,000
Est. payment | /mo
Save

0.29 Acres Lot

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW26021463

HOA Y/N No

Lot Size 0.290 Acres

Property Description

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 (40'x90”) 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 you'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.

Location

State CA

County Riverside

Area 252 - Riverside

Zoning C-2

Interior

Fireplace No

Exterior

Fence Chain Link

Community Features Street Lights, Suburban

Utilities Available Electricity Available, Natural Gas Available, Sewer Available, Water Available

View Y/N No

View None

Building

Lot Description Level, Paved, Street Level

Water See Remarks

New Construction No

Others

Senior Community No

Tax ID 442030033

Acceptable Financing Cash, Conventional, Submit

Listing Terms Cash, Conventional, Submit

Special Listing Condition Standard

CRMLS – RECore
Listed by David Limon Your Home Selling Pros 951-445-0691
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    San Jacinto Valley Academy

    Public | KG - 12

  • 5

    Harmony Elementary School

    Public | KG - 5

  • 5

    Cawston Elementary School

    Public | KG - 5

  • 5

    Megan Cope Elementary School

    Public | KG - 5

  • 5

    Fruitvale Elementary School

    Public | KG - 5

  • 5

    De Anza Elementary School

    Public | KG - 5

  • 3

    McSweeny Elementary School

    Public | KG - 5

  • 3

    San Jacinto Elementary School

    Public | KG - 5

  • 3

    Estudillo Elementary School

    Public | KG - 5

  • 3

    Park Hill Elementary School

    Public | KG - 5

  • 2

    Whittier Elementary School

    Public | KG - 5

  • 2

    Jacob Wiens Elementary School

    Public | KG - 5

  • 1

    Mountain Heights Academy

    Public | KG - 12

  • 1

    Family Tree Learning Center

    Public | KG - 8

  • 1

    Hyatt Elementary School

    Public | KG - 5

  • 1

    Ramona Elementary School

    Public | KG - 5

  • 0

    Crosspoint Academy

    Private | 1 - 6

  • 0

    Bridges Child Development Center

    Private | PK - KG

  • 0

    St Hyacinth Academy

    Private | PK - 8

  • 0

    Alpha Omega Christian

    Private | KG - 12

Middle Schools 6
  • 4

    Rancho Viejo Middle School

    Public | 6 - 8

  • 4

    Diamond Valley Middle School

    Public | 6 - 8

  • 4

    Dartmouth Middle School

    Public | 6 - 8

  • 2

    Acacia Middle School

    Public | 6 - 8

  • 1

    Monte Vista Middle School

    Public | 6 - 8

  • 1

    North Mountain Middle School

    Public | 6 - 8

High Schools 7
  • 5

    West Valley High School

    Public | 9 - 12

  • 5

    College Preparatory High School

    Public | 9 - 12

  • 4

    San Jacinto High School

    Public | 9 - 12

  • 3

    Tahquitz High School

    Public | 9 - 12

  • 2

    Helen Hunt Jackson Alternative High School

    Public | 9 - 12

  • 0

    Mountain View High School

    Public | 9 - 12

  • 0

    Alessandro High School

    Public | 9 - 12

School and business data provided by Attom Data.

GET MORE INFORMATION

Carlos Elizalde
Carlos Elizalde

REALTOR® | License ID: 02090487

+1(714) 389-8310

Anaheim, CA, 92805, USA

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