I-15 and Clinton Keith Rd - 168 Acres Mixed Use at I-15 and Clinton Keith
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I-15 and Clinton Keith Rd - 168 Acres Mixed Use at I-15 and Clinton Keith
168.47 Acres of Residential Land Offered at £27,650,349 in Wildomar, CA 92595
Investment Highlights
- One of Largest Mixed-Use Development Opportunities in Riverside County, CA
- General Plan Amendment in Progress for Residential/Retail/Entertainment/ Industrial Development
- Est. 2024 Average Household Income: $123,992 (3-Mile Radius)
- 2,945’ Frontage on 1-15 Freeway; 145,000 Motorists/Day
- Located Just Off I-15 Freeway/Clinton Keith Road On/Off Ramp
- Buyers May Design Own Product Mix subject to City Approval
Executive Summary
Pricing for entire property is $35,000,000. Seller will divide and sell lots separately. See price list for separate parcels in attachments. This a 168.47-Acre Freeway Frontage, Mixed-Use Development Opportunity in the heart of Temecula Valley. The project is comprised of 20 parcels. It fronts Interstate 15 with 2,945 linear feet of unobstructed freeway exposure with a traffic count of approximately 145,000 motorists per day. The City of Wildomar is completing a General Plan Update that will give the Project a land use designation of MUH (Mixed Use High). The final product mix, density and configuration will be determined by market demand and City approvals. The City will cooperate with a buyer to create a new Specific Plan for the Project. The site is currently unimproved.
This Destination Mixed-Use Development may include residential, commercial and industrial components; all tied together to create a strong sense of place and community pride serving both local and regional residents and tourists. Temecula Valley is most known for its title as “Southern California’s Wine Country”.
This Destination Mixed-Use Development may include residential, commercial and industrial components; all tied together to create a strong sense of place and community pride serving both local and regional residents and tourists. Temecula Valley is most known for its title as “Southern California’s Wine Country”.
Property Facts
Price | £27,650,349 | Property Subtype | Residential |
Sale Type | Investment | Total Lot Size | 168.47 AC |
No. Lots | 1 | Cross Streets | Palomar St |
Property Type | Land |
Price | £27,650,349 |
Sale Type | Investment |
No. Lots | 1 |
Property Type | Land |
Property Subtype | Residential |
Total Lot Size | 168.47 AC |
Cross Streets | Palomar St |
1 Lot Available
Lot
Price | £27,650,349 | Lot Size | 168.47 AC |
Price Per AC | £164,126 |
Price | £27,650,349 |
Price Per AC | £164,126 |
Lot Size | 168.47 AC |
The site is located one block from the 15 Freeway/Clinton Keith Road on/off ramp. It’s accessed from the north by Hidden Springs Road and Stable Lanes Road (which feed off Clinton Keith Road), and from the south by Jefferson Avenue and Gateway Drive.
PROPERTY TAXES
Parcel Numbers | Improvements Assessment | £0 | |
Land Assessment | £857,480 | Total Assessment | £857,480 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
£857,480
Improvements Assessment
£0
Total Assessment
£857,480
zoning
Zoning Code | Mixed Use High (MUH) (New mixed-use General Plan is scheduled to be finalized in August 2024.) |
Mixed Use High (MUH) (New mixed-use General Plan is scheduled to be finalized in August 2024.) |
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I-15 and Clinton Keith Rd - 168 Acres Mixed Use at I-15 and Clinton Keith
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