$3,000,000
$3,100,000
3.2%For more information regarding the value of a property, please contact us for a free consultation.
5.98 Acres Lot
SOLD DATE : 05/22/2024
Key Details
Sold Price $3,000,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID EV22249986
Sold Date 05/22/24
HOA Y/N No
Lot Size 5.980 Acres
Property Description
This 5.98 acres of prime easily accessible infill commercial development land is surrounded by housing and consists of 4 parcels. The parcels can be sold together or sold separately for a higher price per square foot, especially for the parcel adjacent to the 7-11 at the corner of County Line Road and 3rd Street. (Price for .84 AC parcel next to 7-11 ONLY is $550,000. See separate listing EV22250006). This is a high net usable development opportunity with level topography. There is approximately 550 linear feet of County Line Road frontage and all utilities in street with roughly 80% of curb, gutter and sidewalk in place (Buyer to verify). Also, the back side of the property is adjacent to an aqueduct, so drainage is already in place nearby. The cities of Calimesa and Yucaipa are currently working on a project to improve traffic flow on high traffic County Line Road corridor (https://www.clrproject.com/). The Project is a multi-modal surface transportation enhancement project, which addresses traffic congestion and safety coupled with facilitation of growth and non-motorized transportation systems and is estimated to be complete by early 2023. The Project proposes to construct four (4) single-lane and one (1) multi-lane roundabouts, together with street, pedestrian, drainage (catch basins at each roundabout) and bicycle improvements, to improve safety and efficiency throughout the corridor.
Location
State CA
County Riverside
Area 269 - Yucaipa/Calimesa/Oak Glen
Zoning CC
Interior
Fireplace No
Exterior
Fence Chain Link, Security
Community Features Foothills, Storm Drain(s), Street Lights, Suburban, Sidewalks
Utilities Available Electricity Available, Phone Available, Sewer Available, Water Available
View Y/N Yes
View Neighborhood
Building
Lot Description Lot Over 40000 Sqft, Level, Value In Land, Flat
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 410030049
Acceptable Financing Cash, Cash to New Loan, Submit
Listing Terms Cash, Cash to New Loan, Submit
Financing Cash
Special Listing Condition Trust
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Bought with BRAD FREEMAN • FREEMAN & ASSOCIATES
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Broker Associate | Lic# 00870450