Van Buren Blvd Woodcrest, CA 92508
- Commercial real estate
- 2.81 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for Van Buren Blvd
- Lot size
- 2.81 lot acres
- Property type
- Commercial real estate
Description
This exceptional 2.81-acre parcel presents a remarkable investment opportunity in the thriving Woodcrest area of Riverside County. Strategically located at the northwest corner of Van Buren Boulevard and Ridgeway Avenue, this property boasts excellent street frontage on Van Buren Boulevard, ensuring high visibility and accessibility. The site is zoned for both commercial and residential development, offering considerable flexibility for a variety of projects. Importantly, the City of Riverside has fully funded a sewer project on Van Buren Boulevard, with completion anticipated by the end of 2024. This significant infrastructure improvement significantly enhances the property's value and development potential. High traffic counts on this busy intersection guarantee substantial exposure for any future business or development. The flat terrain simplifies construction, minimizing site preparation costs. This prime location, coupled with the upcoming sewer project completion and flexible zoning, makes this a truly exceptional opportunity for developers seeking a high-impact project in a rapidly growing area. The owner is highly motivated to sell and is actively reviewing all offers. Don't miss this chance to acquire a substantial piece of land in a prime location with significant future upside. The property is priced at $1,650,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Woodcrest
- County
- Riverside
- State
- California
- Longitude
- -117.348
- Latitude
- 33.8864
