1717 Via Del Rio Avenue
Corona, CA 92882
$6,000,000
For Sale
Local Information
About this home
****Land development opportunity located in the booming city of Corona, CA. Currently being conditionally used as a Church, the almost 3 acres is zoned R-3 Multi-Family allowing for up to 82 units. The parcel is located only a few blocks from the 91 FWY, and minutes from Interstate 15. Tentative Tract Map # 37314 underway with city planning department, proposing 48 Townhouses with the potential to generate lucrative cap rates. In addition plans have been proposed to build 82 apartment units, adding even more possibilities for the site. Adjacent to an elementary school, and an already existing apartment complex, it makes sense for this site to live up to its full potential. Several residential projects have been completed in the area. Investors started cash flowing with greater than expected interest from buyers/tenants. A development opportunity like this is definitely worth some consideration. Come VIEW and make an OFFER TODAY ****
Home Highlights
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None
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$49
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8 years ago
Home Details for 1717, Via Del Rio Avenue
Interior Features
Appliances & Utilities
- Utilities: Other Water/Sewer, Sewer Connected, Cable Connected, Electricity Connected, Natural Gas Connected, Sewer On Site, Telephone
Exterior Features
Parking & Garage
- Garage: No Garage
- Road Surface: Paved
Pool & Views
- Private Pool: No Private Pool
- Views: City Lights
Water & Sewer
- Water Source: Public
- Sewer: Public Sewer
Property Information
Property Information
- Parcel Number: 103200088
- Lot Size (sq ft): 122,839
Property Type & Style
- Type: Land
- Subtype: Unimproved Land
Location
- Directions: Interstate 15 N to 91 Fwy. W on
Listing Attribution
- Agent Name: Jeffrey Nyal
- Brokerage: Coldwell Banker Home Source
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