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21950 Temescal Canyon Rd - Fully Entitled & waiting for building pemite
2.33 Acres of Industrial Land Offered at $4,350,000 in Corona, CA 92883
Investment Highlights
- The subject property presents one parcel totaling 2.33 acres in process for the development of an industrial warehouse building.
- This lot is in close proximity to Interstate 15 allowing for fast and efficient on/off ramp access.
- Lucrative opportunity to carry-out an entitlement for a 42,727 sqft warehouse building.
- Located in an industrial hub its position alongside Temescal Canyon Rd receives around 131,116 cars in passing traffic volume.
Executive Summary
21950 Temescal Canyon Rd presents a lucrative development opportunity on 2.33 acres of land located within Corona, California. This leveled parcel of raw land is undergoing the process of obtaining the entitlements and business permits to begin the construction of a 42,727 sqft industrial warehouse. Moreover, this land offers great ingress and egress based on its location alongside Temescal Canyon Rd and its proximity to Interstate 15 and freeway 91.
Property Facts
| Price | $4,350,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Industrial |
| Sale Conditions | Build to Suit | Proposed Use | Industrial |
| No. Lots | 1 | Total Lot Size | 2.33 AC |
| Price | $4,350,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | Build to Suit |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Industrial |
| Proposed Use | Industrial |
| Total Lot Size | 2.33 AC |
1 Lot Available
Lot 1
| Price | $4,350,000 | Lot Size | 2.33 AC |
| Price Per AC | $1,866,953 |
| Price | $4,350,000 |
| Price Per AC | $1,866,953 |
| Lot Size | 2.33 AC |
Industrial warehouse entitlement has been completed. The corner of Temescal Canyon Rd and Leroy Rd offers one parcel totaling 2.33 acres in the process of obtaining the entitlement and building permit for a 42,727 sqft industrial warehouse.
Description
This prime development opportunity is nestled in one of the fastest-growing communities in California. Corona has been a strong participant to Inland Empire's industrial boom making this development a perfect candidate in the industrial market. This development site has Interstate 15 to the west, freeway 91 to the north and freeway 74 to the south ensuring seamless connectivity and accessibility to both the Inland Empire and Orange county.
DEMOGRAPHICS
Regional Accessibility
PROPERTY TAXES
| Parcel Number | 282-140-030 | Improvements Assessment | $0 |
| Land Assessment | $2,397,000 | Total Assessment | $2,397,000 |
PROPERTY TAXES
zoning
| Zoning Code | M-SC (Manufacturing - Service Commercial in Corona) |
| M-SC (Manufacturing - Service Commercial in Corona) |
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Diana YangLuo - AMDJ Realty, Inc.
Presented by
AMDJ Realty, Inc.
21950 Temescal Canyon Rd - Fully Entitled & waiting for building pemite
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