8

0 LA SIERRA AVE Riverside, CA 92503

$3,999,500

8.17

Acres

W-2

Zoning

11 days

On Website

Active

Status

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.

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Details


Building And Construction
Property Sub Type
Land
Property Type
Land

Exterior And Lot
Lot Size Acres
8.17
Lot Size Square Feet
355885
Lot Size Units
Square Feet
Zoning
W-2

Area And Schools
City
Riverside
County Or Parish
Riverside

Financial Info
Buyer Agency Compensation
2%

Listing By Realty Masters & Associates – Robert Mendez

MLS# IG21222990

Data Last Updated 5:09AM - 10/17/2021

California Regional MLS

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright© 2021 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright© 2021 California Regional Multiple Listing Service, Inc. All rights reserved.

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