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Reche Canyon Road 10.06 Acres of Residential Land Offered at $475,000 in Colton, CA 92324
INVESTMENT HIGHLIGHTS
- Build 2 large ranch-style homes with one home on each parcel or subdivide into 15 single family lots.*
- Prime Inland Empire Location between Riverside and San Bernardino
- Nearby Loma Linda is known for its serene environment and boasts several parks and outdoor spaces.
- Over 10 acres of residential land, including large flat lots with easy access from Reche Canyon Road
- Riverside, San Bernardino, Loma Linda, and Redlands are one of the nation’s fastest growing real estate markets.
- Ten miles to the University of California Riverside. Five miles from the 215 Freeway and four miles to the 10 Freeway.
EXECUTIVE SUMMARY
Development Potential: Build 2 large ranch-style homes with one home on each parcel or subdivide into 15 single family lots.* This expansive property spans over 10 acres of residential land, including large flat lots with easy access from Reche Canyon Road. Take full advantage of the existing lots to build 2 large single-family homes, each with the individual privacy and security of a 4.9-acre or 5.16-acre lot. This is ideal for relaxed ranch-style living while still enjoying the proximity of the 10-215 freeway interchange. There are reference tract maps for how these parcels could be subdivided into 15 single-family lots. This location is a developer’s dream. The growth of industrial properties and the employment markets of nearby Riverside, San Bernardino, Loma Linda, and Redlands have allowed these economies and their demand for affordable single-family housing to continue to shine as one of the nation’s fastest growing real estate markets. *The expired tentative tract maps can be made available for reference purposes only. Buyer is responsible for independently assessing and verifying any future development potential of this site. Neither Broker nor Seller make any warranties or guarantees as to the information provided therein. APN: APN: 0284-212-76 and 284-212-81
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $475,000 | Lot Size | 10.06 AC |
| Price Per AC | $47,216.77 |
| Price | $475,000 |
| Price Per AC | $47,216.77 |
| Lot Size | 10.06 AC |
Over 10 acres of residential land
1 1
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $480,000 | Total Assessment | $480,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$480,000
Improvements Assessment
$0
Total Assessment
$480,000
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Reche Canyon Road
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