Ramona Expressway, San Jacinto, CA 92583

$900,000
List Price
$900,000
MLS#
IV24040913
Status
ACTIVE
Type
Land

Property Description

The subject property is 11.84 acres in size with the potential to expand up to 26.32 contiguous acres all owned by the same seller. The property is accessed from Ramona Expressway to the north and is just north of the newly built Starling Pointe residential community built by DR Horton. Directly to the south is a 12 acre property owned by the San Jacinto Unified School District with plans to build a new elementary school. The site sits just south of Ramona Expressway which is one of San Jacintos main throughfares. The property is also near Hwy 79, several new shopping centers, Soboba Springs Golf Couse and San Jacinto College. There is no doubt this is the most desirable area of the San Jacinto Valley. The entire 26.32-acre property has an existing TTM for single family residential development but has recently been rezoned for Mixed UseEntertainment. The MU-E zone allows for high-density residential development and will also allow for commercial, office, institutional, business, retail, and entertainment uses. This zone is consistent with the General Plan and allows for a residential density of 10.1 36 dwelling units per gross acre.

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Calculator source: Real Geeks

Courtesy of COLDWELL BANKER COMMERCIAL SC, ERIC WASHLE.