Description

Excellent development opportunity with just under 5 prime acres in one of the fastest-growing areas with frontage on Clinton Keith Road. There are utilities on the street. This is a major arterial highway with a high traffic count and the city has plans to widen this road to full capacity. Future development is more poised for growth in this area with upside potential and is still 35% undeveloped. There is an existing Riverside Transit Agency (RTA) Bus-line. Nearby Inland Valley Hospital (only Trauma Two Hospital in the region) has just announced an expansion from a two-story building to a seven-story building, which should be fully open by 2025. Some building opportunities include a Business Park, Light Industrial, Medical Offices, Specialty clinics to serve nearby hospitals, Hotels, Assisted Living facilities, Office Space, Shopping Centers, Restaurants, Cannabis, Breweries, Distilleries, Convenience stores, etc. Tenants in a shopping center can merge into the same zoning. (See the newly released Commercial Market Study in the attachments). The city favors outdoor, walkable, co-worker space and new zones titled, "Innovation District." Riverside County approved the seller's plans for a medical office building in the past. Mount San Jacinto College has purchased the parcel across the street and plans to build a 500,000 square foot campus with over 10,000 full-time students. Future plans for land nearby are slated for a massive park, Medical Education center, and a condominium project. Close to a local hospital, shopping, residential communities, and interstate 15 freeway. P

Features

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• 4.81 Acres