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3425 Arlington Ave - 3425 Arlington Avenue, Riverside 2.14 Acres of Commercial Land Offered at $1,999,000 in Riverside, CA 92506
Investment Highlights
- OUTSTANDING Opportunity for a Large, Flat, easily accessible, high visibility, on a major street, extremely close to Freeway on & off ramps.
Executive Summary
CITY RIVERSIDE, the GENERAL COMMERCIAL zone includes uses of:
(a) Outdoor Storage
(b) Self-Storage
(c) Yards for many uses below, including;
a. Cranes
b. Trucks
c. Contractor yard & storage
d. Vehicles
e. Materials
f. FLEET parking
g. Repair
(d) Manufacturing
(e) Warehouse
(f) Auctions
(g) Services
(h) Wholesale
(i) Retail
(j) DATA CENTER
(k) Other
Land sits next to FREEWAY EXIT located shopping center, including a ’24 Hour Fitness’ facility, and in between the ARLINGTON and CENTRAL AVENUE exits of the #91 Freeway.
NOTE: Some various and sundry uses might require a CUP, special permitting, and/or other requirements to meet CITY regulations, so please contact CITY RIVERSIDE Planning (951) 826-5800 to verify that all intended uses and potential applications are allowable under the GENERAL COMMERCIAL Zoning.
OWNER is flexible, and will consider various options, including:
1. Sale
2. Lease with Purchase Option
3. Lease
4. Possible SELLER Financing,
5. Other terms and concessions, including allowing time for Entitlements.
6. Assisting in BUYER needs, including IRS code section 1031 exchange requirements, and so forth.
Property Facts
| Price | $1,999,000 | Property Type | Land |
| Sale Type | Owner User | Property Subtype | Commercial |
| Sale Condition | Bulk/Portfolio Sale | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.14 AC |
| Zoning | GC - General Commercial | ||
| Price | $1,999,000 |
| Sale Type | Owner User |
| Sale Condition | Bulk/Portfolio Sale |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.14 AC |
| Zoning | GC - General Commercial |
1 Lot Available
Lot 225-350-07
| Price | $1,999,000 | Lot Size | 2.14 AC |
| Price Per AC | $934,112.15 |
| Price | $1,999,000 |
| Price Per AC | $934,112.15 |
| Lot Size | 2.14 AC |
TWO (2) large contiguous, level, flat, compacted dirt, and easily accessible parcels, APN's # 225-350-078 & -077, a total of 93,000+ sq. ft, zoned COMMERCIAL, with approximately 450’ of frontage on the Riverside #91 Freeway.
Description
Offered by Wade Woodcock DRE #01375606. 2 large contiguous lots, level, flat, of compacted dirt. Highly usable parcels, APN's #225-350-078 & -077, with a total of 93,000+ sq. ft. of General Commercial land, 450’(+/-) of frontage on the #91 Freeway. All utilities available in the adjacent Business Center. Bordered by #91 Freeway fencing on front, rail lines and Self-Storage facility on the back, with 24 Hour Fitness Gym on the south side, and chain link fence on the north. Per CITY RIVERSIDE, the GENERAL COMMERCIAL zone includes uses of: (a) Outdoor Storage (b) Self-Storage (c) Yards for many uses below, including; a. Cranes b. Trucks c. Contractor yard & storage d. Vehicles e. Materials f. FLEET parking g. Repair (d) Manufacturing (e) Warehouse (f) Auctions (g) Services (h) Wholesale (i) Retail (j) DATA CENTER (k) Other Land sits next to FREEWAY EXIT located shopping center, including a ’24 Hour Fitness’ facility, and in between the ARLINGTON and CENTRAL AVENUE exits of the #91 Freeway. NOTE: Some various and sundry uses might require a CUP, special permitting, and/or other requirements to meet CITY regulations, so please contact CITY RIVERSIDE Planning (951) 826-5800 to verify that all intended uses and potential applications are allowable under the GENERAL COMMERCIAL Zoning. OWNER is flexible, and will consider various options, including: 1. Sale 2. Lease with Purchase Option 3. Lease 4. Possible SELLER Financing, 5. Other terms and concessions, including allowing time for Entitlements. 6. Assisting in BUYER needs, including IRS code section 1031 exchange requirements, and so forth.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $480,664 | Total Assessment | $480,664 |
Property Taxes
Presented by
3425 Arlington Ave - 3425 Arlington Avenue, Riverside
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