Prime Corner Lot Development Opportunity

220 W Big Springs Rd, Riverside, CA 92507

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For Sale

$1,300,000

Corner lot near UCR with development plans for apartment complex.

Type:Commercial

Lot size:

0.60 Acres

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.
High visibility location with a mix of high‑density, commercial/light industrial, and single‑family structures.
Close proximity to Riverside Transit Stop.
Walking distance to shopping, college, health food stores, and places of worship.

We can help!

Contact an agent

Jill Huntsinger

Learn more

For Sale

$1,300,000

Corner lot near UCR with development plans for apartment complex.

Type:Commercial

Lot size:

0.60 Acres

Added:: Nov 27, 2025
Days on Market:: 223
Last Refresh:: Jul 2 at 9:55 pm

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

We can help!

Contact an agent

Jill Huntsinger

Listing office CAPITIS REAL ESTATE

Listing date Nov 27, 2025

Source Elliman

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

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.
High visibility location with a mix of high‑density, commercial/light industrial, and single‑family structures.
Close proximity to Riverside Transit Stop.
Walking distance to shopping, college, health food stores, and places of worship.

Overview

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.

Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Location Insight

Map
Local Demand

City: Riverside
County: Riverside
State: California
Longitude: -117.316
Latitude: 33.9754

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For sale
Commercial land
CA
Riverside
92507
220 W Big Springs Rd

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.