Desert Care 11.49 acres

Vacant Land for Sale
Catylist Listing ID: 30721173
Property Subtypes: Multi-Family, Office, Residential (Single Family), Retail, Retail-Pad
Gross Land Area: 11.49 Acres
Sale Price: $4,800,000
Unit Price: $417,754 Per Acre
Adjacent Parcels Available: Yes
Sale Terms: Cash to Seller, Owner Financing, Other
Cap Rate: Undisclosed
Last Updated: 4/5/2021

Overview / Comments

Great opportunity with many possibilities and mountain views. 11.49 acres along East Side of Date Palm Drive and 30th. 1/4 mile commercial street frontage. Joint Venture with owner on current plan is also a possibility. Zoned PCC proposal includes both residential and commercial. Possible 200% increase over existing density allowed after new environmental report will reflect Master Plan. Proposed Project consists of separate buildings to form a "Campus" with the care of the elderly and family support and activities. Assisted Care (230 units), Recovery Center (100 guest rooms), Urgent Care Building (5400 sq ft), Family Style Restaurant (5400 sq ft), The Lofts Apartments (80,000 sq ft), Professional and Medical Plaza (60,400 sq ft), Senior Housing Apts (50 suites), and LazyRiver Resort Apts (45 suites). These are some of the possibilities. Some of these uses require CUP. 7 acres are adjacent to this parcel and sold seperately or can be sold together for a total of 18 acres.

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Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 670-110-043
Zoning: PCC-VILLAGE OVERLAY
Property Visibility: Excellent
Largest Nearby Street: 30th
Feet of Frontage: 1,320
Zoning Description: PCC with village overlay. Commercial and residential uses. Residential requires CUP.

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 19,243 51,821 107,687
Median Age: 33.11 38.37 45.67
Households: 5,455 17,884 45,520

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