0 La Sierra Ave, Riverside, CA 92503

$3,999,500
List Price
$3,999,500
Status
PENDING
MLS#
IG21222990
Lot Size
355,885
Acres
8.17
Lot Location
Corner Lot
Days on Market
33
Property Type
Land

Property Description

Calling all Skilled Developers & Investors, this is a RARE CORNER LOT with great potential for COMMERCIAL USES! This 8+ acre property is nestled in the middle of 3 under-served HIGH-END NEIGHBORHOODS such as the Prestigious Lake hills Reserve, Lake Mathews, and Gated Victoria Grove Communities. This Commercial Development will have little-to No Competition as the surrounding communities are in dire need of more retail shopping. Both La Sierra and El Sobrante are major thoroughfares in this area of RIVERSIDE COUNTY and both produce HEAVY TRAFFIC and High Visibility. Property is currently zoned W-2 which is controlled development use. Please see attached permitted uses in the Supplements. Some uses allowed via CUP Include: RV/Trailer Storage, Boat Storage, Mobile Home Park, Lumber Mill, Recreational Parks. Seller is currently undergoing process of an official zone change to C-1/C-P to allow more commercial uses. Call Agent for status details. All information here is deemed reliable but not guaranteed.

Additional Information

View
Mountain(s), Neighborhood, Valley
Sewer
Public Sewer
Water
Public
Attached Structure
Detached

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Robert Mendez from Realty Masters & Associates

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.