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103 W La Cadena Dr

1.21 Acres of Commercial Land Offered at £667,242 in Riverside, CA 92501

Investment Highlights

  • 1.21 Acre Lot
  • 9,500 CPD on La Cadena Dr
  • Utilities Connected
  • 166,000 CPD on 215 Fwy
  • Light Industrial Zoning Designation
  • Flat Topography

Executive Summary

Welcome to this prime INDUSTRIAL / Commercial Opportunity located at 101 W La Cadena, Riverside, CA 92501. Spanning 1.21 ACRES with a Light Industrial (LI) zoning designation, the property offers exceptional potential for industrial or commercial development. Boasting approximately 275 feet of frontage, the lot provides HIGH TRAFFIC VISIBILITY with 166,015 daily traffic count on the 215 FREEWAY, complemented by additional 9,500 cars per day along La Cadena ave, and immediate freeway access for unparalleled convenience. The land is level, UTILITIES ARE CONNECTED from previous old house, and the site's location ensures optimal exposure for any business venture. This versatile parcel is an excellent investment opportunity in the thriving Riverside market. The county of Riverside zoning map shows as residential, however, due to the land use designation being Industrial, they will only consider commercial or industrial uses from a Buyer / Developer. Please See remarks regarding contact info to the planner at the county to speak with in depth. Buyer to verify any and all information to satisfy themselves.

Property Facts

Price £667,242
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Contractor Storage Yard
Total Lot Size 1.21 AC

1 Lot Available

Lot

Price £667,242
Price Per AC £551,440
Lot Size 1.21 AC

1.21 Acres, Light Industrial (LI) zoning designation, 215 Freeway Visibility!

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
246-110-005
Land Assessment
£592,511
Improvements Assessment
£48,041
Total Assessment
£640,553

zoning

Zoning Code LI (Light Industrial)
LI (Light Industrial)
  • Listing ID: 33940186

  • Date on Market: 20/11/2024

  • Last Updated:

  • Address: 103 W La Cadena Dr, Riverside, CA 92501

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