257 Highland, Riverside, CA 92507

Description

Calling all investors and developers. Rare infill opportunity located in the heart of the Northside Neighborhood within the Pellissier Ranch Specific Plan (see addendum for details). This is a true unicorn site fronting Center Street with secondary frontage on Highland Avenue. The site totals approximately 27,900 SF (±0.64 acres) with dimensions of roughly 186’ x 150’ and 150 feet of frontage on Center Street. Buyer to verify lot lines, site area, and development potential through independent due diligence under the associated APNs. Offered at under $40/SF, this represents an exceptional land value for multi-family and mixed-use developers seeking scale in a high-demand growth corridor. The seller also owns additional parcels in the immediate area, presenting a potential assemblage opportunity for the right investor. The existing single-family residence is in poor condition and requires extensive repairs. Tenant has been notified of the sale. Do not disturb occupants. Interior access may be arranged with an accepted offer.

Features

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• 0.21 Acres
• 2 Stories