8.2 Acres of Commercial Land for Sale in Riverside, California

La Sierra Ave, Riverside, CA 92503

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$3,999,500
8.17 acres
pending saleUnder contract

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.

Directions

on the corner of La Sierra and El Sobrante Rd

Property details

Coordinates
33.8595, -117.4528
Zoning
W-2
Elevation
1,220 feet
MLS Number
MRMLS IG21222990
Date Listed

Parcels

  • 270190017

This 8.17-acre property is located at La Sierra Ave in Riverside, CA 92503 with latitude 33.8595 and longitude -117.4528. The property is currently pending sale for $3,999,500 with a price per acre of $489,535. Listing data is sourced from California Regional Multiple Listing Service # IG21222990.

Verify sale details at the property source or contact Realty Masters & Associates at (714) 368-1300.

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Copyright (C) 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Listing checked and updated . Parcel data by Regrid.

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