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Investment Highlights
- Prime Redlands Land Location
- The price includes BOTH parcels - land lot and the residential single family residence
- High-Traffic
Executive Summary
Property Facts
| Price | $2,450,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Commercial |
| No. Lots | 1 | Total Lot Size | 2.79 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | R2 - Commercial | ||
| Price | $2,450,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Commercial |
| Total Lot Size | 2.79 AC |
| Opportunity Zone |
Yes |
| Zoning | R2 - Commercial |
1 Lot Available
Lot
| Price | $2,450,000 | Lot Size | 2.79 AC |
| Price Per AC | $878,136.20 |
| Price | $2,450,000 |
| Price Per AC | $878,136.20 |
| Lot Size | 2.79 AC |
Endless Opportunities for Entrepreneurs and Business Owners! Prime Redlands Land Location with High-Traffic! 2.78 Acres! Highly desirable for Redlands developers. The lot has water services. This lot will be sold in conjunction with the resi property
Description
Rare ±2.5-acre Redlands development opportunity: two adjoining parcels on W Lugonia Ave offered together — this ±1.64-acre R-2 (Multiple-Family Residential) parcel and an adjoining ±0.89-acre R-1 parcel (MLS# IG25249115) with an existing 3-bedroom, 2-bath home plus a 1-bedroom, 1-bath detached ADU. R-2 zoning permits multiple-family and two-family dwellings plus licensed community care facilities — development potential for apartments, townhomes, condominiums, or assisted living, subject to City of Redlands approval. Current R-2 density standards (2,900–4,150 sf of lot area per unit) support an estimated 17–24 units on the land parcel alone, with potential for more if both parcels are unified under R-2 via a General Plan Amendment — buyer/developer to confirm exact unit count and entitlement path with the City. Positioned on Redlands' fastest-growing residential corridor: Liberty Lane Apartments (80 units) is under construction at the adjacent Lugonia Ave & Texas St corner, a 16,000-sf grocery store is approved two blocks away at 1005 W. Lugonia Ave, and a Whole Foods-anchored shopping center (70,200 sf) is approved at Lugonia Ave & Tennessee St, opening 2028. Nearby approved projects include Casa Loma Apartments (147 units, three stories) and Lugonia Village (523 units, including 72 for-sale condominium townhomes). Flat, level topography; public water available. Total price of $2,450,000 includes both parcels; seller financing may be available. Buyer to independently verify zoning, density, and utility capacity with the City of Redlands.
Property Taxes
| Parcel Numbers | Improvements Assessment | $381,220 | |
| Land Assessment | $381,897 | Total Assessment | $763,117 |
Property Taxes
Contact the Sale Advisor
831 W Lugonia Ave




