1717 Via Del Rio Avenue, Corona, CA 92882 – CR485106

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Sean Beattie Jr.

info@seanbeattiejr.com +1(415) 845-8732

Listed by Jeffrey Nyal • Coldwell Banker Home Source

$6,000,000

Est. payment - /mo

122,839 SqFt

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Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Pending

Purchase Type For Sale

Square Footage 122,839 sqft

Price per Sqft $48

MLS Listing ID CR485106

HOA Y/N No

Lot Size 2.820 Acres

Property Sub-Type Unimproved Land

Source Datashare California Regional

Property Description

****Land development opportunity located in the booming city of Corona, CA. Currently being conditionally used as a Church, the almost 3 acres is zoned R-3 Multi-Family allowing for up to 82 units. The parcel is located only a few blocks from the 91 FWY, and minutes from Interstate 15. Tentative Tract Map # 37314 underway with city planning department, proposing 48 Townhouses with the potential to generate lucrative cap rates. In addition plans have been proposed to build 82 apartment units, adding even more possibilities for the site. Adjacent to an elementary school, and an already existing apartment complex, it makes sense for this site to live up to its full potential. Several residential projects have been completed in the area. Investors started cash flowing with greater than expected interest from buyers/tenants. A development opportunity like this is definitely worth some consideration. Come VIEW and make an OFFER TODAY ****

Location

State CA

County Riverside

Interior

Fireplace No

Exterior

View City Lights

Building

Lot Description Paved

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Sean Beattie Jr.

+1(415) 845-8732

Agent | CA DRE# 01944311

Agent CA DRE# 01944311

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1717 Via Del Rio Avenue Corona, CA 92882

Sean Beattie Jr.

Key Details

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