LOCATION: The subject property is located on the NEQ of Van Buren Blvd and Colorado Ave in Riverside, CA. It is approximately 1.5 miles north of 91 Freeway. Van Buren Blvd, with a traffic count of over 40,554 cars per day, is one of the major east-west arterial corridors connecting multiple freeways and submarkets of the Inland Empire. NEARBY RETAILERS: Big-Box/Grocery Anchors: • Walmart Supercenter – located directly across the street, ranked within the top 12% of the locations nationwide, based on consumer traffic (Placer.ai) • Food 4 Less; Cardenas Market and Stater Bros Markets • Ross Dress for Less and Dollar Tree National retailers/Restaurants include McDonald’s, Dutch Bros Coffee., Taco Bell, El Pollo Loco, 7-Eleven, Arco AM PM, Les Schwab Tires, O’Reilly Auto Parts, WSS, Raising Cane’s, Starbucks, Chick-Fil-A, Burger King, KFC, Carl’s Jr, and more. PROPERTY PROFILE: The subject property provides an excellent opportunity for a mixed-use development with pedestrian friendly commercial units on the street level and residential units above. The Mixed Use- Village zoning permits a maximum density of 30 du/acre allowing approximately 27 units by-right. Additional units may be approved through State laws. Buyer to verify all plans through the City. SCHOOL DISTRICT: Riverside Unified School District. Within 1 mile there are several public and private schools with estimated average enrollment of over 3,500 students. Harrison Elementary School (450-600 students); Longfellow Elementary School (500-650 students); Madison Elementary School (500-700 students); Jefferson Elementary School (450-600 students); and Matthew Gage Middle School (800-1,000 students) plus Our Lady of Perpetual Help Catholic School (250-350 students).