North Pl Redlands, CA 92373
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 0 North Pl
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
This exceptional one-acre lot in Redlands, CA (APN 0173-011-39-0000), presents a unique development opportunity. Located at 0 North Place, 92373, this flag lot is ideally situated northeast of 550 North Place. Priced at $450,000, the property boasts completed conceptual plans and entitlements for a 28-bed assisted living facility (RCFE). While building permits haven't been pulled, the detailed plans encompass 14 bedrooms, 15 bathrooms, and 17 parking spaces (including 2 accessible spaces, one van-accessible). The 13,035 square foot building (including a 450 sq ft covered patio) is designed for suite-style living, each bedroom featuring a private bathroom and access to a private patio. Amenities include indoor and outdoor dining areas, an open kitchen sunroom, administrator's office, laundry room, employee break room, and medication room. While currently planned as an RCFE, the property may be suitable for other assisted care uses through the variance process. This is a remarkable chance to acquire a ready-to-develop parcel in a desirable location. The property's strategic location and comprehensive plans make it an attractive investment for developers seeking a high-return opportunity in the growing senior care market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Redlands
- County
- San Bernardino
- State
- California
- Longitude
- -117.184
- Latitude
- 34.0456