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36240 Cherry Valley - Retail Development Site
27.66 Acres of Commercial Land Offered at $7,000,000 in Calimesa, CA 92320
Investment Highlights
- Prime Retail/Big Box Development Site
- Instant I-10 Freeway Access and Visibility
- Rapidly Growing Area With Great Demographics
- Fantastic Calimesa/Cherry Valley Location
- Adjacent to Yucaipa and Beaumont
Property Facts In Escrow
1 Lot Available
Lot
| Price | $7,000,000 | Lot Size | 27.66 AC |
| Price Per AC | $253,073 |
| Price | $7,000,000 |
| Price Per AC | $253,073 |
| Lot Size | 27.66 AC |
36240 Cherry Valley Blvd: 1,064,171± SF land area (24.43 acres). W2 zone. Includes 1,276± SF SFR (2 Bedrooms/1 Bath). APN 413-270-015. No Address: 140,699± SF land area. (3.23 acres). W2 zone. APN 413-270-003.
Description
Prime retail development site. 27.66 acres of raw land. Ideal for shopping center, big-box store, etc. Calimesa Specific Plan Zone C-R (Regional Commercial) — FAR 75:1. Fantastic Cherry Valley location at I-10 Freeway on and off ramps. Adjacent to Yucaipa, Beaumont and Oak Glen. 10 miles to Redlands; 32 miles to Palm Springs. Close to Big Bear and Lake Arrowhead. Calimesa Planning Department has recently approved two retail developments of 75,000 SF and 575,000 SF. Seller shall retain the right to a leaseback for up to 6 months with a monthly rental of $1.00.
zoning
| Zoning Code | W2 (C-R; Regional Commercial Use) |
| W2 (C-R; Regional Commercial Use) |
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36240 Cherry Valley - Retail Development Site
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