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36240 Cherry Valley - Price Reduced! Prime Retail Development Site 27.66 Acres of Commercial Land Offered at $6,000,000 in Calimesa, CA 92320

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INVESTMENT HIGHLIGHTS

  • Price Reduced! Prime Retail/Big Box Development Site
  • Instant I-10 Freeway Access and Visibility
  • Rapidly Growing Area With Great Demographics
  • Fantastic Calimesa/Cherry Valley Location
  • Adjacent to Yucaipa and Beaumont

EXECUTIVE SUMMARY

Sale price reduced! Fantastic retail development opportunity.

PROPERTY FACTS

Price $6,000,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Neighborhood Center
  • Regional Mall
Total Lot Size 27.66 AC
Zoning W2 - C-R; Regional Commercial Use

1 LOT AVAILABLE

Lot

Price $6,000,000
Price Per AC $216,919.74
Lot Size 27.66 AC

Sale price reduced! 36240 Cherry Valley Blvd: 1,064,171± SF land area (24.43 acres). W2 zone. Includes 1,276± SF SFR (2 Bedrooms/1 Bath). APN 413-270-015. No Address: 140,699± SF land area. (3.23 acres). W2 zone. APN 413-270-003.

DESCRIPTION

Sale price reduced! Prime retail development site. 27.66 acres of raw land. Ideal for shopping center, big-box store, etc. Calimesa Specific Plan Zone C-R (Regional Commercial) — FAR 75:1. Fantastic Cherry Valley location at I-10 Freeway on and off ramps. Adjacent to Yucaipa, Beaumont and Oak Glen. 10 miles to Redlands; 32 miles to Palm Springs. Close to Big Bear and Lake Arrowhead. Calimesa Planning Department has recently approved two retail developments of 75,000 SF and 575,000 SF. Seller shall retain the right to a leaseback for up to 6 months with a monthly rental of $1.00.

  • Listing ID: 23496887

  • Date on Market: 6/23/2021

  • Last Updated:

  • Address: 36240 Cherry Valley, Calimesa, CA 92320

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