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$12,000,000
Est. payment /mo
14.5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25234647
HOA Y/N No
Lot Size 14.500 Acres
Property Description
Daum Commercial Real Estate is proud to present a prime land development opportunity along Temescal Canyon Parkway in Riverside County.
The offering consists of approximately 14.5 acres currently zoned Scenic Highway Commercial. However, the County has expressed support for a zone change to Mixed-Use Residential, a transition already underway on an adjacent parcel.
Temescal Canyon is experiencing rapid growth, attracting residents who value its strategic location just south of the 91 Freeway, offering convenient access to high-paying employment centers in Orange County and Corona. The area also provides proximity to Dos Lagos retail, Temecula's renowned wineries (approximately 30 minutes south), and Glen Ivy Golf Course, located immediately next door. The region's popular attraction, Tom's Farm, is only 0.3 miles north, enhancing the area's community and visitor appeal.
A likely development scenario for this site includes single-family residential homes complemented by a smaller retail component, aligning with current market trends and surrounding land uses. Also the community and County would entertain proposals for assisted living, medical and Hospitality uses.
The property also includes an approximate 2.5-acre wetlands area, which will likely need to be set aside as conservation.
The offering consists of approximately 14.5 acres currently zoned Scenic Highway Commercial. However, the County has expressed support for a zone change to Mixed-Use Residential, a transition already underway on an adjacent parcel.
Temescal Canyon is experiencing rapid growth, attracting residents who value its strategic location just south of the 91 Freeway, offering convenient access to high-paying employment centers in Orange County and Corona. The area also provides proximity to Dos Lagos retail, Temecula's renowned wineries (approximately 30 minutes south), and Glen Ivy Golf Course, located immediately next door. The region's popular attraction, Tom's Farm, is only 0.3 miles north, enhancing the area's community and visitor appeal.
A likely development scenario for this site includes single-family residential homes complemented by a smaller retail component, aligning with current market trends and surrounding land uses. Also the community and County would entertain proposals for assisted living, medical and Hospitality uses.
The property also includes an approximate 2.5-acre wetlands area, which will likely need to be set aside as conservation.
Location
State CA
County Riverside
Area 248 - Corona
Zoning mixed use
Interior
Fireplace No
Exterior
Community Features Biking, Hiking
View Y/N Yes
View Golf Course
Building
Lot Description Level
Water Public
New Construction No
Others
Senior Community No
Tax ID 290190077
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Lease Land No
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Listed by LEE SPENCE DAUM COMMERCIAL RE SERVICES 909-969-8800
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