1970 Patterson Court - Commercial LAND FOR SALE


Riverside, CA 92507 70,567 SF
$3,400,000 USD
818-212-2745
1970 Patterson Court, Riverside, CA for Sale
$3,400,000 USD
Commercial LAND - FOR SALE
1/3
70,567 SF

1970 Patterson Court
Riverside, CA 92507


OVERVIEW

MDGLA | McDermott Group prproudly presents the 1970 Patterson Court development site, an exceptional opportunity strategically situated in the thriving city of Riverside, CA. Spanning approximately 1.62 acres, this fully entitled parcel offers the potential for constructing 57 luxurious apartment residences. Situated in the bustling urban core of Riverside, California, the site benefits from its strategic placement between Interstate 215 and the 91 and 60 Freeways, ensuring easy access to major transportation. The property is located 1.8 miles away from the prestigious University of California, Riverside, making it an ideal location for both residents and investors alike. Riverside County is known for its business-friendly environment, with local governments that actively support economic development initiatives. Various incentives and programs are available to encourage investment, streamline permitting processes, and facilitate business growth. The county’s strategic location between Los Angeles and San Diego makes it a key area for business development and investment. 1970 Patterson Court Development site offers a unique opportunity in Riverside’s thriving real estate market, characterized by its blend of convenience, accessibility, and promising potential for growth and prosperity.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/ACRE

$2,098,771/AC

PRICE/SF

$48 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Patterson Court Development Site

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Apartment Units

LAND ACRES

1.62 AC

LAND SF

70,567 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-3-1500

APN/PARCEL ID

211-111-037,211-111-053,211-111-054

ASK ABOUT THIS PROPERTY

Lonnie McDermottMarcus & MillichapMore Info
818-212-2745

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Lonnie McDermottMarcus & MillichapMore Info
818-212-2745

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.