Multi-Family Residential / Mixed Use Commercial Land along Ramona Expressway

10.63± County Acres Ramona Expressway San Jacinto, CA 92583

10.63± County Acres Ramona Expressway, San Jacinto, CA, 92583
10.63± County Acres Ramona Expressway, San Jacinto, CA, 92583
FOR SALE
Property Type:
Multifamily Land
Amount:
$1,969,000
Last Verified:
Aug 08, 2024

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Highlights

  • - Zoned for Medium- High Density Residential / Mixed Use-Commercial
  • - Suitable for Multifamily Development
  • - Flexible Zoning for various Mixed Use Development opportunities
  • - Proximity Transportation Hubs and Connectors
  • - Located in a Growing and Dynamic Area

Description

Introducing an exceptional opportunity for land and multifamily investment in San Jacinto, CA. This expansive property spans approximately 10.63± acres and is zoned for Medium-High Density Residential / Mixed Use-Commercial development, offering a versatile canvas for investment success.

With flexible zoning that caters to various mixed-use development opportunities, this prime location is both suitable and strategically positioned for multifamily development. Its proximity to transportation hubs and connectors further enhances its appeal, making it an ideal choice for astute investors seeking high-potential opportunities in a dynamic and growing area.

Located in The Inland Empire, City of San Jacinto, Riverside County California- Home to the Soboba Casino Resort, Soboba Golf Course and Soboba Hot Springs at the next exit off Ramona Expressway from our property.

This two parcel, 10.63± AC offering sits along the highly-visible, highly-trafficked Ramona Expressway, the gateway to Moreno Valley, Beaumont, Hemet and area cities.

Parcel# 434-180-006 has approx 0.5 acres of frontage along Ramona Expressway at Alessandro Ave N and runs along Olmstead St.
Parcel #2 434-070-002 adjoins Parcel #1 runs along Olmstead St.

In 2021, we sold DR Horton, America's largest home builder, 371 Single Family home lots across the Ramona Expressway at Vernon Ave., and to date all 371 homes have all been built.

TRAFFIC COUNT: March 2022
San Jacinto Ave/Ramona Expressway: 22,501 (weekly)

The city of San Jacinto is near several major freeways & highways; Hwy 79, Hwy 74 (Ortega Highway), 60 Freeway (Pomona/Moreno Valley), 215 Freeway (Riverside/Barstow).

Lot Size: 10.63 acres


Documents

San Jacinto Parcel Map Exhibit A.pdf
PropertyInfoSheet_10acres.pdf
Map _Population.pdf

Map of 10.63± County Acres Ramona Expressway, San Jacinto, CA, 92583

What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.