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$3,999,500   Price Analysis
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LA Sierra Ave
Riverside, CA 92503
Unknown bed 0 bath unknown SqFt ($0/SqFt)
8.17 acre lot.
Listed 2021-10-08
Ⓧ USDA Ineligible
due to property

near Riverside

Calling all Skilled Developers and Investors

* Sale Pending *

This is a RARE CORNER LOT with fantastic 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 procss of an official zone change to C-1/C-P to allow more commercial uses. Call Agent for stat us details. All information here is deemed reliable but not guaranteed.


Presented by Bobby Mendez at
Realty Masters & Associates.
Listing Agent Photo

Property MLS #IG21222990 from CRMLS

Lot Description: Corner Lot
Lot Size Acres: 8.17
Lot Size Source: Assessor
Lot Size Square Feet: 355885

View: Mountain(s), Neighborhood, Valley

Calculated Total Monthly Association Fees: 0

Community Features: Horse Trails, Mountainous, Suburban

Source Listing Status: Pending
County: Riverside
Directions: on the corner of La Sierra and El Sobrante Rd
Source Property Type: Land
Area: 252 - Riverside
Source Neighborhood: 252 - Riverside
Parcel Number: 270190017
Zoning: W-2
Source System Name: C2C

Listed 2021-10-08
$3,999,500
CRMLS

Electric: Standard
Sewer: Public Sewer
Water Available
Water Source: Public

Lake Mathews Elementary School is a public elementary school located approximately 0.4 miles away.
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Arlington High School is a public high school located approximately 4 miles away.
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Frank Augustus Miller Middle School is a public middle school located approximately 6.1 miles away.
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St. Joseph's is a private elementary, middle and high school located approximately 1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.