SEC Center St & California Ave | Riverside, CA 92507
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SEC Center St & California Ave
Riverside, CA 92507
Land For Sale · 7.95 AC
Investment Highlights
- Adjacent to Highgrove Town Center with 846 pending townhomes
- The property provides excellent freeway access to the I-215 and State Routes 60 & 91
- Highly desirable location for retail and office in a growing community
- Minutes from Downtown Riverside
Executive Summary
The subject property is approximately 7.95 acres within the Highgrove Community Plan Area. It is located just north of the Hunter Industrial Park job center and adjacent to the proposed Highgrove Town Center Community, which includes over 800 pending townhome units. The mixed-use zone is meant to promote a mix of land uses and to facilitate development that offers a combination of housing, employment, and commercial opportunities, which encourages pedestrian-friendly activities. Although zoning does permit residential use, this parcel is required for retail, office, or commercial mixed-use development in order to provide retail and office space for the residents moving into this growing community.
PROPERTY FACTS In Escrow
1 Lot Available
Lot
| Price | $4,474,542 CAD | Lot Size | 7.95 AC |
| Price Per AC | $562,835 CAD |
| Price | $4,474,542 CAD |
| Price Per AC | $562,835 CAD |
| Lot Size | 7.95 AC |
7.95 Acres for Retail, Office, or Commercial Mixed-Use Development, potential electric vehicle charging station
Description
The Subject Property is located at the southeast corner of Center Street and California Avenue in the community of Highgrove in Riverside County, CA. It is less than a mile to I-215, approximately 5 miles to State Routes 60 & 91, and just minutes to Downtown Riverside.
PROPERTY TAXES
| Parcel Number | 255-060-029 | Improvements Assessment | $0 CAD |
| Land Assessment | $1,580,174 CAD | Total Assessment | $1,580,174 CAD |
PROPERTY TAXES
Parcel Number
255-060-029
Land Assessment
$1,580,174 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,580,174 CAD
zoning
| Zoning Code | MU |
| MU |
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