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7819 Cypress, Riverside, CA 92503 Riverside Development Oppourtunity For more listing information visit:

7819 Cypress, Riverside, California 92503

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Page 1: 7819 Cypress, Riverside,  California 92503

7819 Cypress, Riverside, CA 92503

Riverside Development Oppourtunity

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Page 2: 7819 Cypress, Riverside,  California 92503

NATHAN BRAGG,DIRECTOR RE/MAXCOMMERICAL [email protected](909) 210-3175

License: 01340519

Notes

7819 Cypress, Riverside, CA 92503

Confidentiality Agreement

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Page 3: 7819 Cypress, Riverside,  California 92503

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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Page 4: 7819 Cypress, Riverside,  California 92503

$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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Page 7: 7819 Cypress, Riverside,  California 92503

Geographical Map

7819 Cypress, Riverside, CA 92503

Property Photos

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Page 8: 7819 Cypress, Riverside,  California 92503

Locator Map Parcel Map

7819 Cypress, Riverside, CA 92503

Property Photos

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Page 9: 7819 Cypress, Riverside,  California 92503

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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Page 10: 7819 Cypress, Riverside,  California 92503

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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Page 11: 7819 Cypress, Riverside,  California 92503

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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Page 12: 7819 Cypress, Riverside,  California 92503

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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Page 13: 7819 Cypress, Riverside,  California 92503

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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Page 14: 7819 Cypress, Riverside,  California 92503

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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Page 15: 7819 Cypress, Riverside,  California 92503

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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Page 18: 7819 Cypress, Riverside,  California 92503

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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Page 19: 7819 Cypress, Riverside,  California 92503

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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Page 20: 7819 Cypress, Riverside,  California 92503

[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.