Prime Corner Lot Near
220 W Big Springs Road Riverside, CA 92507
For Sale
$1,300,000
Development opportunity near University of California Riverside with approved plans.
Property Size5,109 SF
Lot Size0.60 Acres
Price / SF$254.45
Days on Market436
Property Features for 220 W Big Springs Road
General Information
- Standard status
- Active
- Size
- 5,109 SF
- Lot size
- 0.60 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1977
Listing Agency:
CAPITIS REAL ESTATE
(909) 792-3925
Listed By:
JILL HUNTSINGER
Source:
Corcoran
Added: May 17, 2025
Changed: Jul 6
Last Checked: Jul 26 at 9:59AM
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 corner lot, situated 350 ft from the entrance to the University of California Riverside, presents a development opportunity. The property, zoned R3, offers high visibility and is located in an area with a mix of high-density, commercial/light industrial, and single-family structures. It is also near a Riverside Transit Stop. Full plans have been drawn for a 15-door, 55-bed, 42,834 sq ft apartment complex with two stories and three levels, including a parking garage. The mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most units feature 4 bedrooms and 3 baths, making them suitable for student housing. The location is steps away from shopping, the college, health food stores, and places of worship. The existing building, formerly an elementary school, can be removed to make way for a new investment opportunity. The property size is 5,109 sq ft.
Key Highlights
- Prime corner lot location just 350 ft from the University of California Riverside entrance.
- Full architectural plans included for a 15‑unit, 55‑bed apartment complex with parking garage.
- Approved plans for a 42,834 sq ft, 2‑story, 3‑level building.
Property Analytics
Location Intelligence
Current Use by Public Records
Commercial land
FAQs
What type of property is this?
Commercial land - Development opportunity near University of California Riverside with approved plans.
Where is this commercial land located?
The property is located at 220 W Big Springs Road 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 just 350 ft from the University of California Riverside entrance.; Full architectural plans included for a 15‑unit, 55‑bed apartment complex with parking garage.; Approved plans for a 42,834 sq ft, 2‑story, 3‑level building.
