$3,999,500
La Sierra Ave, Riverside 92503
355,885
Lot Size
Listing Agent
Robert Mendez - Realty Masters & Associates - 951-283-5015Calling 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.
Facts & Features
| MLS® # | IG21222990 |
|---|---|
| Price | $3,999,500 |
| Bathrooms | 0.00 |
| Lot Size | 355,885 |
| Type | Land |
| Status | Pending |
Community Information
| Address | La Sierra Ave |
|---|---|
| Area | 252 - Riverside |
| City | Riverside |
| County | Riverside |
| Zip Code | 92503 |
Amenities
| Utilities | Water Available |
|---|---|
| View | Mountain(s), Neighborhood, Valley |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
Exterior
| Lot Description | Corner Lot |
|---|
Additional Information
| Date Listed | October 6th, 2021 |
|---|---|
| Days on Market | 33 |
| Zoning | W-2 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Robert Mendez |
|---|---|
| Office | Realty Masters & Associates |
| Info | 951-283-5015 |