Description

The offering consists of a prime 1.33-acre (±57,935 SF) development parcel located in San Jacinto. The site is zoned Medium-High Density Residential and is in process of obtaining a Conditional Use Permit (CUP) for a proposed 74-bed Residential Care Facility for the Elderly (RCFE). Significant entitlement progress has been made, reducing upfront soft-cost exposure for the next developer. This is an excellent opportunity for assisted living developers and senior housing investors seeking a partially advanced entitlement project in Riverside County’s growing senior market. Entitlement Status: CUP In Process, WQMP + Lot Line Merger + SPDR Fees Paid

Property details

Property type

Land

Lot size

57,935 sqft

Location

420 N Ramona Blvd • San Jacinto, CA 92583

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Listed by

MICHAEL PIZZAGONI · COLDWELL BANKER COMMERCIAL SC

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