7819 Cypress, Riverside, CA 92503
Riverside Development Oppourtunity
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NATHAN BRAGG,DIRECTOR RE/MAXCOMMERICAL [email protected](909) 210-3175
License: 01340519
Notes
7819 Cypress, Riverside, CA 92503
Confidentiality Agreement
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2 Parcel, commercial zoned land, Riverside C2 zoning (verify zoning and use with city) seller has plansfor a possible retail center. Two separate parcels, 7839 Cypress and adjacent parcel APN #151140031. Property is near Van Buren Blvd., Starbucks, Gas Stations, Restaurants and Cardenasgrocery store. All information is believe to be reliable but it is not guaranteed, please verify all with thecity.
Price: $299,000
Two Lots
18,296 Square Feet Total
C2 Zoning (verify with city)
Near heavy traffic commerce
Right off Van Buren Blvd.
+/- 1 Mile from 91 Freeway
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Price: $299,000
Property Type: Land
Property Sub-type: Commercial/Other (land)
Property Use Type: Vacant/Owner-User
Zoning Description: Riverside C2
Features: Electricity/Power, Water,Telephone, Gas/Propane
7819 Cypress, Riverside, CA 92503
Property Details
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$299,000 Lot Size: 18,296 SF
Price/SF: $16.34
Lot Type: Commercial/Other (land)
7819 Cypress, Riverside, CA 92503
Listing Lot
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7819 Cypress, Riverside, CA 92503
Location
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Location DescriptionLocated in Riverside CA, the property isapproximately 1 mile north of 91 freeway. From 91exit Van Buren, go north and then east on CypressAve., property is right off of Van Bruren.l
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Site
7819 Cypress, Riverside, CA 92503
Property Photos
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Geographical Map
7819 Cypress, Riverside, CA 92503
Property Photos
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Locator Map Parcel Map
7819 Cypress, Riverside, CA 92503
Property Photos
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7819 Cypress, Riverside, CA 92503
Sales Comparables
Photo Not Provided
Photo Not Provided
Photo Not Provided
Address 4680 Mitchell Avenue, Riverside, CA92505
5980 Jasmine Street, Riverside, CA92504
8101 Cypress Avenue, Riverside, CA92503
7043 Indiana Avenue, Riverside, CA92506
Property Type Land Land Land Land
Property Subtype Commercial/Other (land) Commercial/Other (land) Commercial/Other (land) Commercial/Other (land)
Zoning C3* M1* C2* R1065*
Building Size 2.47 AC 0.13 AC 0.22 AC 0.18 AC
Year Built 1929
No. Stories
Lot Size 2.47 AC 0.13 AC 0.22 AC 0.18 AC
APN / Parcel ID 143-051-001 189-043-017 151-140-004 229-035-013
Asking Price
Price Per
Last Sold 06/03/2016 12/29/2015 11/13/2015 11/03/2015
Sale Price $400,000 $25,500 $90,000 $325,000
Sale Price Per $161,943.65 /AC $193,145.54 /AC $402,092.32 /AC $1,805,509.45 /AC
Notes
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Property Address Sale Date Sale
Price
Property
Type
Subtype
1 4680 Mitchell Avenue, Riverside, CA
92505
06/03/2016 $400,000 Land Commercial/Other
(land)
2 5980 Jasmine Street, Riverside, CA
92504
12/29/2015 $25,500 Land Commercial/Other
(land)
3 8101 Cypress Avenue, Riverside, CA
92503
11/13/2015 $90,000 Land Commercial/Other
(land)
4 7043 Indiana Avenue, Riverside, CA
92506
11/03/2015 $325,000 Land Commercial/Other
(land)
7819 Cypress, Riverside, CA 92503
Map of Comparables
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7819 Cypress, Riverside, CA 92503
Demographics
Population 1-mi. 3-mi. 5-mi.
2015 Male Population 14,596 73,918 149,096
2015 Female Population 14,800 75,459 151,338
% 2015 Male Population 49.65% 49.48% 49.63%
% 2015 Female Population 50.35% 50.52% 50.37%
2015 Total Population: Adult 20,256 108,419 220,271
2015 Total Daytime Population 25,071 136,691 280,090
2015 Total Employees 5,948 44,589 97,334
2015 Total Population: Median Age 29 31 32
2015 Total Population: Adult Median Age 40 42 44
2015 Total population: Under 5 years 2,626 11,019 21,283
2015 Total population: 5 to 9 years 2,617 11,532 22,438
2015 Total population: 10 to 14 years 2,451 11,344 22,537
2015 Total population: 15 to 19 years 2,426 12,712 24,781
2015 Total population: 20 to 24 years 2,799 14,353 27,139
2015 Total population: 25 to 29 years 2,507 12,013 22,920
2015 Total population: 30 to 34 years 2,322 11,142 21,563
2015 Total population: 35 to 39 years 1,933 9,291 18,675
2015 Total population: 40 to 44 years 2,000 9,485 19,601
2015 Total population: 45 to 49 years 1,622 9,131 19,265
2015 Total population: 50 to 54 years 1,524 9,043 19,919
2015 Total population: 55 to 59 years 1,368 8,116 17,708
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7819 Cypress, Riverside, CA 92503
Demographics
Population (Cont.) 1-mi. 3-mi. 5-mi.
2015 Total population: 60 to 64 years 963 5,772 12,973
2015 Total population: 65 to 69 years 782 4,568 9,936
2015 Total population: 70 to 74 years 541 3,195 6,760
2015 Total population: 75 to 79 years 416 2,583 5,098
2015 Total population: 80 to 84 years 276 1,954 3,835
2015 Total population: 85 years and over 223 2,124 4,003
% 2015 Total population: Under 5 years 8.93% 7.38% 7.08%
% 2015 Total population: 5 to 9 years 8.90% 7.72% 7.47%
% 2015 Total population: 10 to 14 years 8.34% 7.59% 7.50%
% 2015 Total population: 15 to 19 years 8.25% 8.51% 8.25%
% 2015 Total population: 20 to 24 years 9.52% 9.61% 9.03%
% 2015 Total population: 25 to 29 years 8.53% 8.04% 7.63%
% 2015 Total population: 30 to 34 years 7.90% 7.46% 7.18%
% 2015 Total population: 35 to 39 years 6.58% 6.22% 6.22%
% 2015 Total population: 40 to 44 years 6.80% 6.35% 6.52%
% 2015 Total population: 45 to 49 years 5.52% 6.11% 6.41%
% 2015 Total population: 50 to 54 years 5.18% 6.05% 6.63%
% 2015 Total population: 55 to 59 years 4.65% 5.43% 5.89%
% 2015 Total population: 60 to 64 years 3.28% 3.86% 4.32%
% 2015 Total population: 65 to 69 years 2.66% 3.06% 3.31%
% 2015 Total population: 70 to 74 years 1.84% 2.14% 2.25%
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7819 Cypress, Riverside, CA 92503
Demographics
Population (Cont.) 1-mi. 3-mi. 5-mi.
% 2015 Total population: 75 to 79 years 1.42% 1.73% 1.70%
% 2015 Total population: 80 to 84 years 0.94% 1.31% 1.28%
% 2015 Total population: 85 years and over 0.76% 1.42% 1.33%
2015 White alone 14,280 80,347 168,003
2015 Black or African American alone 1,358 7,585 15,409
2015 American Indian and Alaska Native alone 372 2,023 3,599
2015 Asian alone 855 6,109 15,211
2015 Native Hawaiian and OPI alone 87 659 1,192
2015 Some Other Race alone 11,065 44,563 81,768
2015 Two or More Races alone 1,379 8,091 15,252
2015 Hispanic 21,612 92,692 172,476
2015 Not Hispanic 7,784 56,685 127,958
% 2015 White alone 48.58% 53.79% 55.92%
% 2015 Black or African American alone 4.62% 5.08% 5.13%
% 2015 American Indian and Alaska Native alone 1.27% 1.35% 1.20%
% 2015 Asian alone 2.91% 4.09% 5.06%
% 2015 Native Hawaiian and OPI alone 0.30% 0.44% 0.40%
% 2015 Some Other Race alone 37.64% 29.83% 27.22%
% 2015 Two or More Races alone 4.69% 5.42% 5.08%
% 2015 Hispanic 73.52% 62.05% 57.41%
% 2015 Not Hispanic 26.48% 37.95% 42.59%
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7819 Cypress, Riverside, CA 92503
Demographics
Population (Cont.) 1-mi. 3-mi. 5-mi.
2015 Not Hispanic: White alone 7,924 54,582 113,192
2015 Not Hispanic: Black or African American alone 1,378 7,220 13,180
2015 Not Hispanic: American Indian and Alaska Native alone 188 837 1,493
2015 Not Hispanic: Asian alone 849 4,850 9,760
2015 Not Hispanic: Native Hawaiian and OPI alone 77 525 796
2015 Not Hispanic: Some Other Race alone 26 201 408
2015 Not Hispanic: Two or More Races 485 3,166 5,820
% 2015 Not Hispanic: White alone 31.95% 43.13% 46.39%
% 2015 Not Hispanic: Black or African American alone 5.56% 5.70% 5.40%
% 2015 Not Hispanic: American Indian and Alaska Native alone 0.76% 0.66% 0.61%
% 2015 Not Hispanic: Asian alone 3.42% 3.83% 4.00%
% 2015 Not Hispanic: Native Hawaiian and OPI alone 0.31% 0.41% 0.33%
% 2015 Not Hispanic: Some Other Race alone 0.10% 0.16% 0.17%
% 2015 Not Hispanic: Two or More Races 1.96% 2.50% 2.39%
Population Change 1-mi. 3-mi. 5-mi.
Total: Employees (NAICS) n/a n/a n/a
Total: Establishements (NAICS) n/a n/a n/a
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7819 Cypress, Riverside, CA 92503
Demographics
Population Change (Cont.) 1-mi. 3-mi. 5-mi.
2015 Total Population 29,396 149,377 300,434
2015 Households 7,553 41,237 84,558
Population Change 2010-2015 1,393 8,298 17,149
Household Change 2010-2015 141 1,154 2,472
% Population Change 2010-2015 4.97% 5.88% 6.05%
% Household Change 2010-2015 1.90% 2.88% 3.01%
Population Change 2000-2015 4,596 22,813 56,417
Household Change 2000-2015 414 2,780 9,889
% Population Change 2000 to 2015 18.53% 18.02% 23.12%
% Household Change 2000 to 2015 5.80% 7.23% 13.24%
Housing 1-mi. 3-mi. 5-mi.
2015 Housing Units 7,418 40,021 77,786
2015 Occupied Housing Units 7,140 38,457 74,669
2015 Owner Occupied Housing Units 3,446 21,182 46,775
2015 Renter Occupied Housing Units 3,694 17,275 27,894
2015 Vacant Housings Units 279 1,564 3,115
% 2015 Occupied Housing Units 96.25% 96.09% 95.99%
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7819 Cypress, Riverside, CA 92503
Demographics
Housing (Cont.) 1-mi. 3-mi. 5-mi.
% 2015 Owner occupied housing units 48.26% 55.08% 62.64%
% 2015 Renter occupied housing units 51.74% 44.92% 37.36%
% 2000 Vacant housing units 3.76% 3.91% 4.00%
Income 1-mi. 3-mi. 5-mi.
2015 Household Income: Median $44,874 $50,834 $57,346
2015 Household Income: Average $53,766 $63,166 $72,131
2015 Per Capita Income $13,929 $17,755 $20,586
2015 Household income: Less than $10,000 426 2,196 4,295
2015 Household income: $10,000 to $14,999 427 2,134 3,942
2015 Household income: $15,000 to $19,999 786 2,682 4,488
2015 Household income: $20,000 to $24,999 572 2,428 4,354
2015 Household income: $25,000 to $29,999 339 1,941 3,786
2015 Household income: $30,000 to $34,999 429 2,186 4,250
2015 Household income: $35,000 to $39,999 466 2,155 3,749
2015 Household income: $40,000 to $44,999 340 2,084 3,840
2015 Household income: $45,000 to $49,999 528 2,511 4,453
2015 Household income: $50,000 to $59,999 676 3,610 6,972
2015 Household income: $60,000 to $74,999 943 5,131 10,171
2015 Household income: $75,000 to $99,999 880 5,448 12,154
2015 Household income: $100,000 to $124,999 327 3,225 7,446
2015 Household income: $125,000 to $149,999 221 1,486 4,135
2015 Household income: $150,000 to $199,999 119 1,390 4,162
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7819 Cypress, Riverside, CA 92503
Demographics
Income (Cont.) 1-mi. 3-mi. 5-mi.
2015 Household income: $200,000 or more 74 630 2,361
% 2015 Household income: Less than $10,000 5.64% 5.33% 5.08%
% 2015 Household income: $10,000 to $14,999 5.65% 5.17% 4.66%
% 2015 Household income: $15,000 to $19,999 10.41% 6.50% 5.31%
% 2015 Household income: $20,000 to $24,999 7.57% 5.89% 5.15%
% 2015 Household income: $25,000 to $29,999 4.49% 4.71% 4.48%
% 2015 Household income: $30,000 to $34,999 5.68% 5.30% 5.03%
% 2015 Household income: $35,000 to $39,999 6.17% 5.23% 4.43%
% 2015 Household income: $40,000 to $44,999 4.50% 5.05% 4.54%
% 2015 Household income: $45,000 to $49,999 6.99% 6.09% 5.27%
% 2015 Household income: $50,000 to $59,999 8.95% 8.75% 8.25%
% 2015 Household income: $60,000 to $74,999 12.49% 12.44% 12.03%
% 2015 Household income: $75,000 to $99,999 11.65% 13.21% 14.37%
% 2015 Household income: $100,000 to $124,999 4.33% 7.82% 8.81%
% 2015 Household income: $125,000 to $149,999 2.93% 3.60% 4.89%
% 2015 Household income: $150,000 to $199,999 1.58% 3.37% 4.92%
% 2015 Household income: $200,000 or more 0.98% 1.53% 2.79%
Retail Sales Volume 1-mi. 3-mi. 5-mi.
2015 Childrens/Infants clothing stores $2,103,895 $11,512,142 $23,915,544
2015 Jewelry stores $680,931 $3,904,103 $8,378,749
2015 Mens clothing stores $2,354,144 $13,242,099 $27,959,650
2015 Shoe stores $2,422,338 $13,528,902 $28,497,731
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7819 Cypress, Riverside, CA 92503
Demographics
Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.
2015 Womens clothing stores $3,867,269 $22,009,440 $46,771,782
2015 Automobile dealers $29,434,381 $169,291,698 $362,927,872
2015 Automotive parts and accessories stores $5,813,556 $33,215,150 $70,757,910
2015 Other motor vehicle dealers $786,756 $4,498,866 $9,560,787
2015 Tire dealers $2,600,219 $14,841,337 $31,576,810
2015 Hardware stores $114,373 $672,718 $1,486,193
2015 Home centers $1,126,942 $6,679,374 $14,715,866
2015 Nursery and garden centers $1,310,268 $7,845,139 $17,380,067
2015 Outdoor power equipment stores $637,684 $3,726,046 $8,063,791
2015 Paint andwallpaper stores $136,819 $801,677 $1,737,455
2015 Appliance, television, and other electronics stores $3,910,068 $22,562,258 $48,549,930
2015 Camera andphotographic supplies stores $286,849 $1,700,783 $3,711,763
2015 Computer andsoftware stores $11,085,413 $62,625,451 $131,949,803
2015 Beer, wine, and liquor stores $1,909,295 $10,880,861 $23,162,430
2015 Convenience stores $9,028,338 $50,304,952 $105,284,340
2015 Restaurant Expenditures $7,955,579 $45,366,892 $96,854,799
2015 Supermarkets and other grocery (except convenience) stores $32,287,994 $180,480,747 $378,816,544
2015 Furniture stores $2,813,812 $16,109,372 $34,525,149
2015 Home furnishings stores $9,664,930 $55,485,853 $118,867,761
2015 General merchandise stores $50,848,975 $291,905,356 $626,793,580
2015 Gasoline stations with convenience stores $27,718,083 $155,476,994 $326,696,814
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7819 Cypress, Riverside, CA 92503
Demographics
Retail Sales Volume (Cont.) 1-mi. 3-mi. 5-mi.
2015 Other gasoline stations $19,791,912 $111,239,431 $233,990,784
2015 Department stores (excl leased depts) $50,168,044 $288,001,253 $618,414,831
2015 General merchandise stores $50,848,975 $291,905,356 $626,793,580
2015 Other health and personal care stores $1,959,373 $11,322,376 $24,308,305
2015 Pharmacies and drug stores $7,955,237 $45,468,295 $96,796,268
2015 Pet and pet supplies stores $2,136,251 $12,255,525 $26,113,725
2015 Book, periodical, and music stores $307,459 $1,811,009 $3,938,655
2015 Hobby, toy, and game stores $935,445 $5,329,817 $11,350,638
2015 Musical instrument and supplies stores $89,854 $526,444 $1,153,683
2015 Sewing, needlework, and piece goods stores $168,473 $979,251 $2,112,046
2015 Sporting goods stores $882,228 $5,156,508 $11,150,016
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[email protected](909) 210-3175License: 01340519
NATHAN BRAGG, DIRECTOR RE/MAX COMMERICAL DIVISON"THE BEST INTERESTS OF OUR CLIENTS COME FIRST"...Nathan is the Director of the Commercial Division of RE/MAXTime Realty in California and an award winning Commercial Real Estate Broker...His market area focus includes but is notlimited to the Inland Empire area of Southern California and East Los Angeles County...Through the RE/MAX network hehas listed or sold commercial properties all over California, Washington State, Michigan, Texas and even Mexico...Nathanis a well entrenched and experienced Commercial Real Estate broker specializing in Marketing, Sales and Leasing ofIndustrial and Commercial Investment Real Estate...The skills and training that enable Nathan to provide clients withexceptional service and results are a unique combination of over 25 years of Real Estate, Marketing, Sales and FinanceExperience....Nathan is a CCIM Candidate and CA State Licensed Real Estate Broker. He has Evaluated, Leased,Marketed, Sold and Financed Multi Millions of Dollars of Commercial Real Estate since 1997...His business goals are toprovide his clients with the best service in the industry with the highest level of expertise possible...Skills include Evaluatingand Marketing Commercial Real Estate, dealing with Bank Owned Commercial Real Estate, Facilitating Commercial ShortSales, Commercial Broker Opinions of Value, Commercial Real Estate Analysis, Strategic Planing, Negotiation and Sales.
Current Occupation: Commercial Broker, Director
Work Experience: CURRENT: RE/MAX Commercial - Commercial Real Estate Broker 2007 to PresentPREVIOUS:Coldwell Banker Commercial - 2002 - Commercial Real Estate BrokerReal Estate Development / CAState Licensed General ContractorBank of America, Vice President - Commercial Banker(Experiencewith all Aspects of Commerical Real Estate Finance)GE Capital - SBA Lending(Experience with SBAReal Estate Finance)Wells Fargo Bank - Commerical Banking(Experience with all Aspects ofCommerical Real Estate Finance)Merrill Lynch - Financial Consultant(Certified Finanical Manager /Private Client Group)United States Marines12 years - Honorable Discharge
Education: Southern Illinios University - Industrial Technology
Organizations/Associations: National Association of REALTORS, LoopNet, Inc., International Council of Shopping Centers (ICSC)
Honors/Awards: Top 2% of all U.S. agents from National Association of Realtor's Statistics 2013 & 2015...#12 RE/MAXCommercial Broker at RE/MAX in U.S. 2013...#16 RE/MAX Commercial Broker at RE/MAX in U.S.2015...RE/MAX Chairman's Club Member 2013 & 2015...RE/MAX Hall of Fame Member...Appointed tothe RE/MAX Global Commercial Advisory Board 2013...Appointed to the RE/MAX Global CommercialAdvisory Board 2012... Various other awards for excellence.
7819 Cypress, Riverside, CA 92503
Broker Profile
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Interests: Commercial Real Estate, Networking Partnerships, Marketing and Co Branding.