This Land Property is no longer advertised on LoopNet.com.

3361 Hamner Ave
Norco, CA 92860
Commercial Development Site in Norco CA · Land For Sale · 1.78 AC

Investment Highlights

  • Fully entitled
  • City of Norco is very motivated to have this project built
  • Major franchise has approved the project
  • 90 Room hotel development site with plans
  • Complete set of drawings will be provided

Property Facts

Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Auto Dealership
  • Fast Food
  • Restaurant
Building Class C
Total Lot Size 1.78 AC
Zoning CG - General Commercial, check with the City for specific uses Site allows for Retail, Restaurants, Coffee, Fast Food, EV Charging and more

Description

This is a "shovel ready", fully entitled 90 room hotel development site ready to pull permits. City incentives are not yet in writing but we fully expect the permit fees to be negotiable as the City of Norco is very motivated to get this hotel built. The city is losing tax revenue to nearby cities because of the lack of hotel rooms in Norco. The seller will provide a complete set of drawings and other details to the buyer once there is a signed contract. A major franchise has approved the project and is ready to proceed. Information about Norco can be found at www.norco.ca.us. Please let us know if you would like to discuss this opportunity in more detail. A conference call can be arranged with the owner at your convenience if desired.

Property Taxes

Property Taxes

Parcel Number
127-020-032
Land Assessment
$1,953,264
Improvements Assessment
$0
Total Assessment
$1,953,264

Amenities

  • Freeway Visibility
  • Listing ID: 20983975

  • Date on Market: 9/17/2020

  • Last Updated:

  • Address: 3361 Hamner Ave, Norco, CA 92860

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