220 W Big Springs Road

Riverside, CA 92507

About this property

PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!

About this property

PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!

Features and Additional Information

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$1,200,000 Active
5,109 sqft

Presented By Coldwell Banker Sky Ridge Realty

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Get in touch today! Phone: 1-909-336-2131
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CAPITIS REAL ESTATE
1-909-792-3925
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Area Information

252 Riverside | Riverside County |

$ 1,200,000
This listing is play_arrow 122.2% higher than the average in the area
$ 540,000 in the area
5,109 SqFt
This listing is play_arrow 391.3% larger than the average in the area
1,040 SqFt in the area
$ 235 $/SqFt
This listing is play_arrow 54.8% less than the average in the area
$ 519 $/SqFt in the area
546 days on site
This listing is play_arrow 1720.0% above the average in the area
30 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Jill Huntsinger
Brokerage: CAPITIS REAL ESTATE

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