$850,000
For Sale

101 W La Cadena Drive

Riverside, CA 92501
1.21 acres | #IG24237062
Listing OfficeRe/Max Time Realty
Type:Purchase
Structure:Land
Zone:Residential

Description

Welcome to this prime INDUSTRIAL / Commercial Opportunity located at 101 W La Cadena, Riverside, CA 92501. Spanning 1.21 ACRES with a Light Industrial (LI) zoning designation, the property offers exceptional potential for industrial or commercial development. Boasting approximately 275 feet of frontage, the lot provides HIGH TRAFFIC VISIBILITY with 166,015 daily traffic count on the 215 FREEWAY, complemented by additional 9,500 cars per day along La Cadena ave, and immediate freeway access for unparalleled convenience. The land is level, UTILITIES ARE CONNECTED from previous old house, and the site's location ensures optimal exposure for any business venture. This versatile parcel is an excellent investment opportunity in the thriving Riverside market. The county of Riverside zoning map shows as residential, however, due to the land use designation being Industrial, they will only consider commercial or industrial uses from a Buyer / Developer. Please See remarks regarding contact info to the planner at the county to speak with in depth. Buyer to verify any and all information to satisfy themselves.

  • Property Details
      • ViewMountains, Neighborhood
      • Lot DescriptionLevel
    • Measurements
      • Acres1.21
  • Construction Details
      • Property TypePurchase
  • Utilities / Energy Details
      • Utility FeaturesWaterConnected
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyRiverside
  • Financial Details
      • Original List Price$850,000
  • Other
      • MLS #IG24237062

Location

King Realty GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00