Description

We have received offers of $800,000 for only 1-Acre. This is an 11.11% interest in the ENTIRE 13.32 PRIME-HIGHWAY COMMERCIAL (ZONED Highway Commercial-Mixed Use) FOR SALE at the north-east corner of CLARK AND CAJALCO. One partner is looking to sell an interest in the land to a DEVELOPER OR CONTRACTOR OR ARCHITECT TO DEVELOP THE PROPERTY INTO MULTI-FAMILY HOUSING AND HIGHWAY COMMERCIAL MIXED-USE! LOTS OF POSSIBILITIES. JOINT VENTURE IN THIS 13.32 ACRES THE COUNTY CALLED THE FUTURE 'DOWNTOWN CORNER OF MEAD VALLEY'. Riverside County envisions making this THE MAIN CORNER in downtown Mead Valley. Cajalco will have a turn lane added and may be widened to 6 lanes in the future. Perfect for shopping center, pads, gas station, restaurants, retail and service businesses along a major thoroughfare. Getting offers for 1-Acre at a time to sell up to $800,000. Buy the entire parcel at only $435K / acre. Owners prefer to sell all 13.32 Acres. Contact listing agent for more details. County said they would like to see this corner as similar to downtown Temecula. Possible JOINT VENTURE with Shopping Center Builder. Build to Suit. or Land LEASE is possible. Submit offers. 1-mile from 215 Freeway on Cajalco. Clark and Brown has a gas station and Dollar General going in across the street. This area of Cajalco between 15 Frwy and 215 Frwy is in high demand. Some owners are licensed RE agents or brokers in CA.

Details

MLS#PW18032822
Sub-TypeResale
StatusActive
Days On Site46

Features

ZoningMIXED USE
Acreage13.32
Property ViewYes

Market Activity

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Area Information

StateCA
CountyRiverside
CityPerris
Area229 - Perris
Listing VS Median (in )
Price:
$725,000
low | high
Med:
$17,500
100% of Average
On Site:
46
low | high
Med:
46
100% of Average
Listing Updated: 02/19/2019
MLS Number: PW18032822
Listing Provided By:
Jack Rosemary  of  Jack Rosemary Broker
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.