$850,000
PENDING

Estimated payment $5,404/month

Total Views 9,680
1.21 Acres
$702,479 Price per Acre
52,708 Sq Ft Lot

Highlights

  • 1.21 Acre Lot
  • No HOA
  • Level Lot
  • Mountain View

About This Lot

Welcome to this prime INDUSTRIAL / Commercial Opportunity located at 101 W La Cadena, Riverside, CA 92501. Spanning 1.21 ACRES with a Light Industrial (LI) zoning designation, the property offers exceptional potential for industrial or commercial development. Boasting approximately 275 feet of frontage, the lot provides HIGH TRAFFIC VISIBILITY with 166,015 daily traffic count on the 215 FREEWAY, complemented by additional 9,500 cars per day along La Cadena ave, and immediate freeway access for unparalleled convenience. The land is level, UTILITIES ARE CONNECTED from previous old house, and the site's location ensures optimal exposure for any business venture. This versatile parcel is an excellent investment opportunity in the thriving Riverside market. The county of Riverside zoning map shows as residential, however, due to the land use designation being Industrial, they will only consider commercial or industrial uses from a Buyer / Developer. Please See remarks regarding contact info to the planner at the county to speak with in depth. Buyer to verify any and all information to satisfy themselves.

Listing Agent

Bobby Mendez

Re/Max Time Realty Brokerage Phone: 951-283-5015 License #01971883 Listed on: 11/19/2024

Re/Max Time Realty

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $8,504

Lot Details

  • 1.21 Acre Lot
  • Level Lot
  • Property is zoned LI

Property Views

  • Mountain
  • Neighborhood

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 246110005
  • $79 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$8,504

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: LI
  • Property Type: Land
  • Parcel Number: 246110005
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 16.13

Exterior Features

  • View: Mountain(s), Neighborhood

Utilities

  • Utilities: Water Connected
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 52708.00
  • Lot Size Acres: 1.2100

Multi Family

  • Lot Size Area: 52708.0000 Square Feet

Tax Info

  • Tax Census Tract: 423.00
  • Tax Lot: 41
  • TaxOtherAnnualAssessmentAmount: 79.00

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,504 $785,293 $785,293 --
2023 $8,504 $816,000 $754,800 $61,200
2022 $5,780 $514,875 $508,321 $6,554
2021 $5,672 $504,780 $498,354 $6,426
2020 $5,628 $499,605 $493,244 $6,361
2019 $5,521 $489,810 $483,573 $6,237
2018 $5,411 $480,207 $474,092 $6,115
2017 $5,315 $470,793 $464,797 $5,996
2016 $4,970 $461,563 $455,684 $5,879
2015 $4,903 $454,632 $448,840 $5,792
2014 $4,857 $445,729 $440,049 $5,680
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2025 02/27/25 Pending -- -- --
11/19/2024 11/19/24 For Sale $850,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- None Listed On Document
Grant Deed -- --
Grant Deed -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $400,000 Commercial
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG24237062

California Regional Multiple Listing Service (CRMLS)

APN: 246-110-005