County Line Road, Calimesa, CA 92320

$3,100,000
List Price
$3,100,000
MLS#
EV22249986
Status
PENDING
Type
Land

Property Description

This 5.98 acres of prime easily accessible infill commercial development land is surrounded by housing and consists of 4 parcels. The parcels can be sold together or sold separately for a higher price per square foot, especially for the parcel adjacent to the 7-11 at the corner of County Line Road and 3rd Street. (Price for .84 AC parcel next to 7-11 ONLY is $550,000. See separate listing EV22250006). This is a high net usable development opportunity with level topography. There is approximately 550 linear feet of County Line Road frontage and all utilities in street with roughly 80% of curb, gutter and sidewalk in place (Buyer to verify). Also, the back side of the property is adjacent to an aqueduct, so drainage is already in place nearby. The cities of Calimesa and Yucaipa are currently working on a project to improve traffic flow on high traffic County Line Road corridor (https://www.clrproject.com/). The Project is a multi-modal surface transportation enhancement project, which addresses traffic congestion and safety coupled with facilitation of growth and non-motorized transportation systems and is estimated to be complete by early 2023. The Project proposes to construct four (4) single-lane and one (1) multi-lane roundabouts, together with street, pedestrian, drainage (catch basins at each roundabout) and bicycle improvements, to improve safety and efficiency throughout the corridor.

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Courtesy of FREEMAN & ASSOCIATES, BRAD FREEMAN.