449 River Rd, Corona, CA 92878

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List Price
$1,400,000
Days on Market
192
Status
ACTIVE
MLS#
IV26057661
Lot Size(apprx.)
18,731
City
Corona
Property Type
Land

Property Description

Rare opportunity to acquire a fully entitled, shovel-ready infill condominium project in one of Coronas most convenient, high-demand pockets. All construction, civil, architectural, and related plans are complete and approved, allowing a Buyer/Investor to step in and begin construction immediatelyeliminating the time, risk, and carrying costs typically associated with the entitlement and plan-approval process. Situated on a level, highly visible corner parcel at River Rd & Cota St, this development offers strong address recognition, clean site identity, and practical access/circulation planning. The location is minutes to the 91 & 15 freeways, providing outstanding regional connectivity throughout the Inland Empire, Orange County, and beyond. Residents will enjoy a short walk to major shopping, dining, and daily conveniences, plus proximity to outdoor recreation with Santa Ana River Trail access nearby. Multiple exit strategies make this project ideal for a wide range of investors and developers. This is a true turnkey, entitled developmenta buyer can acquire the land with approvals in hand and immediately execute on a strategy tailored to todays market: retail sellout, income hold, or a blended approach. Rare opportunity to acquire a fully entitled, shovel-ready infill condominium project in one of Coronas most convenient, high-demand pockets. All construction, civil, architectural, and related plans are complete and approved, allowing a Buyer/Investor to step in and begin construction immediatelyeliminating the time, risk, and carrying costs typically associated with the entitlement and plan-approval process. Situated on a level, highly visible corner parcel at River Rd & Cota St, this development offers strong address recognition, clean site identity, and practical access/circulation planning. The location is minutes to the 91 & 15 freeways, providing outstanding regional connectivity throughout the Inland Empire, Orange County, and beyond. Residents will enjoy a short walk to major shopping, dining, and daily conveniences, plus proximity to outdoor recreation with Santa Ana River Trail access nearby. Multiple exit strategies make this project ideal for a wide range of investors and developers. This is a true turnkey, entitled developmenta buyer can acquire the land with approvals in hand and immediately execute on a strategy tailored to todays market: retail sellout, income hold, or a blended approach.

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: MCKENSIE LOWSTETTER (949-423-9188) from Listing Office: SIMPLE REAL ESTATE GROUP.

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