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$6,000,000
0 Sqft
122,839 Sqft lot

1717 Via Del Rio Avenue, Corona, California 92882

  • Land Property Type
  • 308 Days Time on market
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 ****

Basic Details
Land
Buy
485106
$6,000,000
0 Sqft
122,839 Sqft
Pending
Lots/Land
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Features
: City Lights
: Curbs, Gutter(s)
$0
: Public Sewer
Address
CA
Riverside
Corona
92882
1717 Via Del Rio Avenue
1717
Avenue
0
W118° 23' 54.8''
N33° 52' 20.1''
Additional Information
308
0 Sqft
0 Sqft
0 Sqft
2.82 Sqft
122,839 Sqft
0 Sqft
103200088
$0
$0
$0
$0
$0
$0
0 Sqft
0 Sqft
$0
1
30/08/2023
30/08/2023 00:00:00
$0
: Standard
Cash,Submit
Interstate 15 N to 91 Fwy. W on 91 Fwy to Exit 6th St. 6th St E to Paseo Grande. Paseo Grande S to Via Del Rio. Via Del Rio E to PIQ Cross Street: Paseo Grande.
Destrahan
Harry Hurst
Coldwell Banker Home Source
Jeffrey Nyal
HD1318
HD15087
$0
2149
1
: Level, Paved
276' X 437' X 286' X 406
1
: Cable Available, Phone Available, Electricity Available, Sewer Available, Natural Gas Available, Water Available, Sewer Connected
2
Level
US-06065-N-103200088-R-N
Mixed Use
10/11/2022 22:53:15
Via Del Rio
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