Prime Corner Lot Development
220 W Big Springs Rd Riverside, CA 92507
For Sale
$1,300,000
Corner lot near UCR with development plans for apartment complex.
Lot Size0.60 Acres
Days on Market241
Property Features for 220 W Big Springs Rd
General Information
- Standard status
- Active
- Lot size
- 0.60 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing Agency:
CAPITIS REAL ESTATE
(951) 202-4449
Listed By:
Jill Huntsinger
(951) 202-4449
Source:
Elliman
Added: Nov 27, 2025
Changed: Jul 6
Last Checked: Jul 26 at 6:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CAPITIS REAL ESTATE
Investment Insights
Based on property information with market context.
This is an opportunity to develop a prime corner lot located 350 ft from the entrance to the University of California Riverside. The value is in the land and the existing development plans. The location offers high visibility and is situated in an area with a mix of high-density, commercial/light industrial, and single-family structures. It is also close to a Riverside Transit Stop. Full plans have been drawn for a 15-door, 55-bed, 42,834 sq ft, two-story, three-level apartment complex with a parking garage. The mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most units are 4 bedrooms with 3 baths, making them suitable for student housing. The property is steps away from shopping, the college, health food stores, and places of worship. It is suitable for all R3 zoning uses. The existing building was previously an elementary school.
Key Highlights
- Prime corner lot location, only 350 ft from the entrance to University of California Riverside.
- Full architectural plans included for a 15‑unit, 55‑bed apartment complex with parking garage.
- Approved for high‑density R3 zoning uses.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Corner lot near UCR with development plans for apartment complex.
Where is this commercial land located?
The property is located at 220 W Big Springs Rd Riverside, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime corner lot location, only 350 ft from the entrance to University of California Riverside.; Full architectural plans included for a 15‑unit, 55‑bed apartment complex with parking garage.; Approved for high‑density R3 zoning uses.
