$690,000
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3071 Market, Riverside, CA 92501

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Infill development parcel located in Downtown Riverside, positioned on the corner of Market Street and 1st Street. Close to Mission Inn, Riverside Metrolink, retail, restaurants, and civic buildings. The site is currently vacant land with an entitlement map approved for 4 condo units, offering a ready-to-develop opportunity in a growing urban core. Zoning: C3-Downtown specific plan Gateway District. Fully entitled 4-unit residential development with ~1,800 2,300 SF per unit Strong resale demand for new construction townhome/condo product Projected exit pricing of approximately $850,000 per unit Meaningful time-value premium due to reduced entitlement risk Approved density Small project = faster execution Strong Riverside housing demand This is a near shovel-ready, entitled residential development site offering: Accelerated timeline to construction Embedded execution and time value

Listing By: HEBRON EQUITIES INC. caclaw Realty.com
  • MLS# WS26071273MR
  • Date Listed04/06/2026
  • Days on Realty 189 Days
  • Bedrooms -
  • Bathrooms
  • Lot Size -
  • Property Type
  • County Riverside
  • Water See Remarks

Exterior / Lot Features

  • Roof -
  • Lot Size Acres -
  • Lot Size SQFT 0.00
  • Lot Features -

Directions

1 st & Market

Financial Considerations

Schools near 92501

Explore the local neighborhood highlights and top-rated schools near 92501 in Riverside, CA.

Nearby Schools

Source: School Digger

Patricia Beatty Elementary School

Public • PK - 6 • Serves this home

1.04 mi

Distance

Riverside County Community School

Public • 1 - 12

1.21 mi

Distance

Preschool Grasp

Public • PK - PK

1.21 mi

Distance

Longfellow Elementary School

Public • PK - 6

1.34 mi

Distance

Fremont Elementary School

Public • PK - 6

1.4 mi

Distance

Emerson Elementary School

Public • PK - 6

2.64 mi

Distance

Reach Leadership Academy

Public • PK - 6

2.77 mi

Distance

Magnolia Elementary School

Public • PK - 6

3.35 mi

Distance

Pachappa Elementary School

Public • PK - 6

3.35 mi

Distance

Highland Elementary School

Public • PK - 6

3.56 mi

Distance

Central Middle School

Public • 7 - 8 • Serves this home

2.1 mi

Distance

University Heights Middle School

Public • 7 - 8

2.59 mi

Distance

Flabob Airport Preparatory Academy

Public • 6 - 12

3.22 mi

Distance

Mission Middle School

Public • 7 - 8

4.18 mi

Distance

Educational Options Center

Public • 7 - 12

4.64 mi

Distance

Mathew Gage Middle School

Public • 7 - 8

5.03 mi

Distance

Sierra Middle School

Public • 7 - 8

5.11 mi

Distance

Riverside Stem Academy

Public • 5 - 12

5.45 mi

Distance

Terrace Hills Middle School

Public • 7 - 8

6.5 mi

Distance

Ruth O. Harris Middle School

Public • 7 - 8

7.28 mi

Distance

Riverside County Youthbuild

Public • 10 - 13 • Serves this home

1.21 mi

Distance

Abraham Lincoln Continuation High School

Public • 10 - 12

1.97 mi

Distance

John W. North High School

Public • 9 - 12

2.01 mi

Distance

Gateway College And Career Academy

Public • 9 - 12

2.1 mi

Distance

Polytechnic High School

Public • 9 - 12

3.97 mi

Distance

Grand Terrace High School

Public • 9 - 12

4.58 mi

Distance

Rubidoux High School

Public • 9 - 12

4.99 mi

Distance

Raincross High (continuation) School

Public • 9 - 12

5.03 mi

Distance

Nueva Vista Continuation High School

Public • 10 - 12

5.75 mi

Distance

Ramona High School

Public • 9 - 12

5.93 mi

Distance

Allegiant Christian School

Private • KG - 12

4.04 mi

Distance

Notre Dame High School

Private • 09 - 12

4.64 mi

Distance

Sierra School Of East Valley

Private • KG - 12

7.9 mi

Distance

Sales & Tax History

Source: Public Records

Local Neighborhood Highlights for 92501

Discover key demographics, population statistics, and environmental insights for the Riverside, CA area.

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92501

Source: Walk Score

81/100

Very Walkable

Walk Score ®

41/100

Some Transit

Transit Score ®

73/100

Very Bikeable

Bike Score ®

Overview

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

Transit Summary

12 nearby routes: 12 bus, 0 rail, 0 other

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 19/100, Bike Score: 38/100.

Points of Interest near 3071 Market, Riverside, CA 92501

Frequently Asked Questions for 3071 Market

Source: Realty.com

3071 Market, Riverside, CA 92501 in Riverside, CA 92501 is a land listed at $690,000. Realty.com has 2 photos, sales history, school insights, and mortgage tools for this listing.

Realty.com has 2 photos of 3071 Market.

The full address for this home is 3071 Market, Riverside, CA 92501.

3071 Market has been listed on Realty.com since Mon April 06, 2026

Most errands can be accomplished on foot. A few nearby public transportation options. Biking is convenient for most trips.

The average walkability score in the surrounding area is Walk Score: 31/100, Transit Score: 19/100, Bike Score: 38/100.

There are 3 schools assigned to this home. Check out the schools near 3071 Market. Patricia Beatty Elementary School (Grades: PK - 6), Central Middle School (Grades: 7 - 8), Riverside County Youthbuild (Grades: 10 - 13)

Listing provided courtesy of: HEBRON EQUITIES INC. (tel: 6268641598)
Listing agent: YONG GAO (#W72279)

This content last refreshed on 2026-10-12 08:00:57. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.