420 N Ramona Blvd, San Jacinto, CA 92583

$650,000

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List Price
$650,000
Status
ACTIVE
MLS#
IV-26054981
Lot Size
1
Days on Market
183
Property Type
Land

Property Description

The offering consists of a prime 1.33-acre (±57,935 SF) development parcel located in San Jacinto. The site is zoned Medium-High Density Residential and is in process of obtaining a Conditional Use Permit (CUP) for a proposed 74-bed Residential Care Facility for the Elderly (RCFE). Significant entitlement progress has been made, reducing upfront soft-cost exposure for the next developer. This is an excellent opportunity for assisted living developers and senior housing investors seeking a partially advanced entitlement project in Riverside County’s growing senior market. Entitlement Status: CUP In Process, WQMP + Lot Line Merger + SPDR Fees Paid

Additional Information

Land Lease Type
Fee
View
Mountain(s), Neighborhood

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Calculator source: Real Geeks

Listing courtesy of COLDWELL BANKER COMMERCIAL SC.