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$ 650,000
Est. payment | /mo
1.33 Acres Lot
$ 650,000
Est. payment | /mo
1.33 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26054981
HOA Y/N No
Lot Size 1.330 Acres
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
Entitlement Status: CUP In Process, WQMP + Lot Line Merger + SPDR Fees Paid
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning MHDR
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N Yes
View Mountain(s), Neighborhood
Building
Lot Description Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 434110022
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Lease Land No
Listed by MICHAEL PIZZAGONI COLDWELL BANKER COMMERCIAL SC [email protected], DRE #02200504
NEARBY SCHOOL & BUSINESS
22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA
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