Van Buren Blvd Woodcrest, CA 92508
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.