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

E of La Sierra & El Sobrante Ave
Riverside, CA 92503
Commercial Acreage · Land For Sale · 8.17 AC

Investment Highlights

  • Heavy Traffic La Sierra Ave and El Sobrante Rd
  • Area in Great Need of Commercial Center
  • Surrounded by High End Residents

Property Facts

Property Type Land
Property Subtype Residential
Proposed Use Hold For Development
Total Lot Size 8.17 AC
Zoning W-2

Description

Calling all Skilled Developers & Investors, this is a RARE CORNER LOT with great potential for COMMERCIAL USES! This 8+ acre property is nestled in the middle of 3 under-served HIGH-END NEIGHBORHOODS such as the Prestigious Lake hills Reserve, Lake Mathews, and Gated Victoria Grove Communities. This Commercial Development will have little-to No Competition as the surrounding communities are in dire need of more retail shopping. Both La Sierra and El Sobrante are major thoroughfares in this area of RIVERSIDE COUNTY and both produce HEAVY TRAFFIC and High Visibility. Property is currently zoned W-2 which is controlled development use. Please see attached permitted uses in the Supplements. Some uses allowed via CUP Include: RV/Trailer Storage, Boat Storage, Mobile Home Park, Lumber Mill, Recreational Parks. Seller is currently undergoing process of an official zone change to C-1/C-P to allow more commercial uses. Call Agent for status details. All information here is deemed reliable but not guaranteed.

Property Taxes

Property Taxes

Parcel Number
270-190-017
Land Assessment
$666,683
Improvements Assessment
$0
Total Assessment
$666,683
  • Listing ID: 24252555

  • Date on Market: 10/8/2021

  • Last Updated:

  • Address: E of La Sierra & El Sobrante Ave, Riverside, CA 92503

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