Prime Corner Lot Near
220 W Big Springs Rd Riverside, CA 92507
For Sale
$1,300,000
Development opportunity near University of California Riverside with approved plans.
Property Size42,834 SF
Lot Size0.60 Acres
Price / SF$30.35
Days on Market139
Property Features for 220 W Big Springs Rd
General Information
- Standard status
- Active
- Size
- 42,834 SF
- 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: Mar 11
Changed: Jul 6
Last Checked: Jul 26 at 6:51AM
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 prime corner lot presents a development opportunity, situated 350 ft from the entrance to the University of California Riverside. The property's value lies in the land and the existing development plans. The location offers high visibility and is surrounded by a mix of high-density residential, commercial, light industrial, and single-family structures. It is also located close to a Riverside Transit Stop. Full plans have been drawn for a 15-door, 55-bed apartment complex spanning 42,834 sq ft across two stories and three levels, including a parking garage. The mixed units consist of 3-4 bedrooms and 3-4 bathrooms, each with two living areas. Most units feature 4 bedrooms and 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, 42,834 sq ft apartment complex with parking garage.
- Ideal for student housing development with a mix of 3‑4 bedroom units, most with 4 bedrooms and 3 baths.
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 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, 42,834 sq ft apartment complex with parking garage.; Ideal for student housing development with a mix of 3‑4 bedroom units, most with 4 bedrooms and 3 baths.
