Description
TRULY PRICED TO SELL! Zoned Mixed Use. Perfect for Development of: GAS STATION (with CUP), CAR WASH, FAST FOOD, RETAIL PADS, SHOPPING CENTER, HIGH-DENSITY RESIDENTIAL. Signalized Commercial Corner the county is envisioning as the MAIN DOWNTOWN CORNER when Mead Valley becomes a city! Located in a FEDERAL HUB ZONE. Benefit$ could be available from the Government. Only $8.42/SqFt. CAJALCO EXPRESSWAY is a major thoroughfare. 13.08 Acre Mixed-Use-Highway Commercial zoned parcel. Estimated to be approximately 40,000 Cars per day traveling on Cajalco. A right turn lane is scheduled to be built at the corner of Cajalco/Clark and 7 other intersections along Cajalco. Riv County may widen to 4-6 lanes in the future. We've received offers for 1-Acre at $1M and 2-acres for $2M. Buy the entire parcel at only $8.42 SqFt or $367k per acre. Possible to create a site plan, get entitlements for retail pads along with High-Density Residential in the rear of the property and sell the pieces of the pie for potentially, MILLION$ in profit. County told the owners they would like to see this corner as similar to downtown Temecula. Possible JOINT VENTURE with a developer or Shopping Center Builder. Build to Suit. or Land LEASE is possible. Submit offers. 2-miles from 215 Freeway on Cajalco. Home developments are popping up and Cajalco Expressway between 15-Freeway and the 215-Freeway is developing daily! Traffic count has gone up significantly. Right in the path of progress!
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0BEDS
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13.08ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
TRULY PRICED TO SELL! Zoned Mixed Use. Perfect for Development of: GAS STATION (with CUP), CAR WASH, FAST FOOD, RETAIL PADS, SHOPPING CENTER, HIGH-DENSITY RESIDENTIAL. Signalized Commercial Corner the county is envisioning as the MAIN DOWNTOWN CORNER when Mead Valley becomes a city! Located in a FEDERAL HUB ZONE. Benefit$ could be available from the Government. Only $8.42/SqFt. CAJALCO EXPRESSWAY is a major thoroughfare. 13.08 Acre Mixed-Use-Highway Commercial zoned parcel. Estimated to be approximately 40,000 Cars per day traveling on Cajalco. A right turn lane is scheduled to be built at the corner of Cajalco/Clark and 7 other intersections along Cajalco. Riv County may widen to 4-6 lanes in the future. We've received offers for 1-Acre at $1M and 2-acres for $2M. Buy the entire parcel at only $8.42 SqFt or $367k per acre. Possible to create a site plan, get entitlements for retail pads along with High-Density Residential in the rear of the property and sell the pieces of the pie for potentially, MILLION$ in profit. County told the owners they would like to see this corner as similar to downtown Temecula. Possible JOINT VENTURE with a developer or Shopping Center Builder. Build to Suit. or Land LEASE is possible. Submit offers. 2-miles from 215 Freeway on Cajalco. Home developments are popping up and Cajalco Expressway between 15-Freeway and the 215-Freeway is developing daily! Traffic count has gone up significantly. Right in the path of progress!
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-26T16:30:26.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.