Your email has been sent.
1550 University Ave
Riverside, CA 92507
Student Housing Development Opportunity (UCR) · Land For Sale
·
1.03 AC
INVESTMENT HIGHLIGHTS
- Lot Size (SF/AC) 44,867/1.03
- Limited supply of developable land product
- Desirable location less than 1-mile from UCR
- Convenient location to Freeways, shopping & more
PROPERTY FACTS
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 1.03 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | M-U University SP - Mixed Used - University SP | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 1.03 AC |
| Opportunity Zone |
Yes |
| Zoning | M-U University SP - Mixed Used - University SP |
1 LOT AVAILABLE
Lot
| Price | $3,908,576 CAD | Lot Size | 1.03 AC |
| Price Per AC | $3,794,715.66 CAD |
| Price | $3,908,576 CAD |
| Price Per AC | $3,794,715.66 CAD |
| Lot Size | 1.03 AC |
Lot Size: 44,867 SF / 1.03 AC Zoning: MU-U (University Ave SP) - Sub district 3
DESCRIPTION
SVN Vanguard is pleased to present an ideal student housing development opportunity in the City of Riverside, California. Situated less than 1-mile from UC Riverside, the 1550 University Ave development project consists of one parcel totaling 44,867 SF / 1.03 AC. The subject site is situated mid-block between Chicago & Iowa Ave, and offers easy access to the SR-60 & SR-91 highways. This is a proposed site for mixed-use project with capacity up up 8-stories. Project to include 4 to 5 levels of apartments over 2 floors of commercial space over podium construction, with ground floor restaurant and retail, and an additional 3 floors of subterranean parking. BUYER to verify all information.
PROPERTY TAXES
| Parcel Number | 253-020-012 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,330,657 CAD | Total Assessment | $2,330,657 CAD |
PROPERTY TAXES
