Indiana Ave - Commercial LAND FOR SALE


Riverside, CA 92503- Arlington South40,075 SF
$2,200,000 USD
949-412-1616
Indiana Ave, Riverside, CA for Sale
$2,200,000 USD
Commercial LAND - FOR SALE
1/4
40,075 SF

Indiana Ave
Riverside, CA 92503
Arlington South


HIGHLIGHTS

  • Rare .92 AC Development Opportunity With Direct I-91 Freeway On/Off Ramp Exposure & Access
  • Multiple Future Development & Exit Strategies (Residential zoning combined with a Commercial General Plan Overlay)
  • Exceptional Exposure Along Two Major Riverside Arterials / 91 FWY: 202,000 VPD & Indiana Ave.: Over 15,000 VPD
  • Strong Riverside Trade Area With Significant Consumer & Employment Base (More than 248k residents within a 5 mile radius)
  • USES Needed: QSR, Coffee, Gas & C-Store, Car Wash, EV Charging, Residential
  • Average Household Income Exceeding $125,470 within 5 miles

OVERVIEW

Faris Lee Investments is pleased to present the opportunity to acquire a rare 0.92-acre development site strategically positioned at the southwest quadrant of the 91 Freeway and Van Buren Boulevard on/off ramps in Riverside, California. The approximately 40,075-square-foot parcel features more than 300 feet of freeway frontage, providing exceptional visibility at a major interchange within an established commercial corridor. The 91 Freeway carries approximately 202,055 vehicles per day, complemented by approximately 28,472 vehicles along Van Buren Boulevard and 15,586 vehicles along Indiana Avenue. This combination of freeway exposure and substantial local traffic creates a prominent setting for future development serving surrounding residents, local employees, and regional commuters. The property is surrounded by nationally recognized retailers and restaurants, including Walmart, Food 4 Less, Tractor Supply Co., Starbucks, In-N-Out, McDonald’s, and Planet Fitness, reinforcing the corridor’s established commercial appeal. Nearby Galleria at Tyler provides an additional regional shopping destination, while surrounding schools, businesses, and residential neighborhoods contribute to consistent daily activity. Proximity to the freeway interchange provides regional connectivity, and Van Buren Boulevard connects the trade area to communities including Jurupa Valley, Woodcrest, and Orangecrest, broadening the potential customer base for future businesses at the site. Directly across the 91 Freeway, Century Communities’ Sagecrest community introduces new residential development immediately north of the subject property. The gated community features three-story townhomes, with amenities including a dog park and playground. The development encompasses 149 residences on approximately 6.44 acres between Van Buren Boulevard and Myers Street. With move-in-ready homes being offered, the community provides a tangible source of additional households that could strengthen demand for nearby shopping, dining, coffee, and everyday services as occupancy increases. Its proximity enhances the subject property’s potential to serve an expanding residential customer base alongside existing commuter and daytime traffic. The surrounding five-mile trade area contains approximately 248,423 residents and 73,941 households, with average household income of $125,470. Approximately 85,029 workers within the same five-mile radius further support daytime consumer demand, while major employers including Kaiser Permanente, the University of California, Riverside, and the County of Riverside provide a diverse economic foundation. The property’s R-1 zoning and Commercial General Plan designation present an opportunity to explore residential and potential commercial development strategies, subject to applicable zoning requirements, City approvals, and confirmation of access and development feasibility. With the five-mile population projected to reach approximately 270,912 over the next decade, the offering combines prominent freeway visibility & access, strong surrounding demographics, nearby residential growth, and multiple potential development strategies within Southern California’s Inland Empire.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/ACRE

$2,391,304/AC

PRICE/SF

$55 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

0.92 AC Vacant Land/91 Fwy @ Van Buren Blvd

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Multi-Family

LAND ACRES

0.92 AC

LAND SF

40,075 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

BMP

APN/PARCEL ID

234-140-026

ASK ABOUT THIS PROPERTY

Jeff ConoverFaris Lee InvestmentsMore Info
949-412-1616

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Jeff ConoverFaris Lee InvestmentsMore Info
949-412-1616

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.