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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
Investment Highlights
- 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
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.
Property Facts
1 Lot Available
Lot
| Price | $6,000,000 | Lot Size | 27.66 AC |
| Price Per AC | $216,919.74 |
| Price | $6,000,000 |
| Price Per AC | $216,919.74 |
| Lot Size | 27.66 AC |
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.
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $271,324 | |
| Land Assessment | $434,262 | Total Assessment | $705,586 |
Property Taxes
Parcel Numbers
Land Assessment
$434,262
Improvements Assessment
$271,324
Total Assessment
$705,586
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36240 Cherry Valley - Price Reduced! Prime Retail Development Site