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Listed by MICHAEL PIZZAGONI, DRE #02200504 • COLDWELL BANKER COMMERCIAL SC
$ 650,000
Est. payment | /mo
1 Sqft Lot
$ 650,000
Est. payment | /mo
1 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV26054981
Lot Size 1 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
The offering consists of a prime 1.33-acre (±57,935 SF) development parcel located in San Jacinto. The site is zoned Medium-High Density Residential and is in process of obtaining a Conditional Use Permit (CUP) for a proposed 74-bed Residential Care Facility for the Elderly (RCFE). Significant entitlement progress has been made, reducing upfront soft-cost exposure for the next developer. This is an excellent opportunity for assisted living developers and senior housing investors seeking a partially advanced entitlement project in Riverside County's growing senior market. Entitlement Status: CUP In Process, WQMP + Lot Line Merger + SPDR Fees Paid
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning LV
Exterior
View Hills, Local/Neighborhood
Building
Water District - Public
Others
Tax ID 434110022
Special Listing Condition Not Applicable
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Jim Black
Chief Lending Officer : Founder License ID: NMLS633511/1065732 DRE02089890