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Norco Dr - ±44.8 Acres of Vacant Land Lot • Résidentiel • 44,8 Acres • 5 061 614 $ CAD • Norco, CA 92860



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FAITS SAILLANTS DE L'INVESTISSEMENT
- ± 44.8 acre Development Site in a Very Desirable Central Norco Location
- Two of the Three Parcels (19.4 Acres) are within the Housing Development Overlay Zone (Allows up to 30 residential units per acre)
- Significant Residential Development Opportunity in a Severely Supply Restricted Market
- Site is Composed of Three Separate Parcels which can be Developed Individually or Together
- Great Location Within the City of Norco only 2 Blocks West of the I-15 Freeway
RÉSUMÉ DE L'ANNONCE
Marcus & Millichap is pleased to offer for sale the ± 44.8 acre development site located on Norco Drive between Norconian Drive and Hamner Avenue in the city of Norco, CA. Located in central Norco, this site on the south side of Norco Drive just two blocks to the west of the I-15 freeway.
The site is composed of three individual parcels, which are as follows:
Parcel 1 (APN #130-240-021): Parcel 1 fronts Norco Drive (±535’ of frontage) and wraps around Beacon Hill Church. This parcel is approximately 7.20 acres in size and is zoned CG – Commercial General. This site is included as part of the City of Norco’s Housing Development Overlay which allows residential densities of up to 30 du/acre.
Parcel 2 (APN #130-240-022): Parcel 2 is basically the larger part of Beacon Hill and has quite a bit of steep topography. This parcel is approximately 25.36 acres in size and is zoned CG – Commercial General. There are two cell phone towers located on this parcel that are both owned by third parties.
Parcel 3 (APN #130-240-023): Parcel 3 fronts Norconian Drive (±1,087’ of frontage) at the western edge of the property. This parcel is approximately 12.23 acres in size and is zoned A-1-20 (Agriculture Low Density Residential 20,000 SF lots). This site is included as part of the City of Norco’s Housing Development Overlay which allows residential densities of up to 30 du/acre.
Housing Development Overlay: The Housing Development Overlay (HDO) Zone is intended to facilitate and encourage the development of affordable housing within the city of Norco. According to the HDO, residential development may include the development of single-family homes, multifamily homes, condominiums, townhomes, courtyard housing and other similar forms of housing and shall be developed at a density of 20 to 30 dwelling units per acre.
The site is composed of three individual parcels, which are as follows:
Parcel 1 (APN #130-240-021): Parcel 1 fronts Norco Drive (±535’ of frontage) and wraps around Beacon Hill Church. This parcel is approximately 7.20 acres in size and is zoned CG – Commercial General. This site is included as part of the City of Norco’s Housing Development Overlay which allows residential densities of up to 30 du/acre.
Parcel 2 (APN #130-240-022): Parcel 2 is basically the larger part of Beacon Hill and has quite a bit of steep topography. This parcel is approximately 25.36 acres in size and is zoned CG – Commercial General. There are two cell phone towers located on this parcel that are both owned by third parties.
Parcel 3 (APN #130-240-023): Parcel 3 fronts Norconian Drive (±1,087’ of frontage) at the western edge of the property. This parcel is approximately 12.23 acres in size and is zoned A-1-20 (Agriculture Low Density Residential 20,000 SF lots). This site is included as part of the City of Norco’s Housing Development Overlay which allows residential densities of up to 30 du/acre.
Housing Development Overlay: The Housing Development Overlay (HDO) Zone is intended to facilitate and encourage the development of affordable housing within the city of Norco. According to the HDO, residential development may include the development of single-family homes, multifamily homes, condominiums, townhomes, courtyard housing and other similar forms of housing and shall be developed at a density of 20 to 30 dwelling units per acre.
FAITS SUR LA PROPRIÉTÉ
1 LOT DISPONIBLE
Lot
| Prix | 5 061 614 $ CAD | Taille du lot | 44,80 AC |
| Prix par AC | 112 982,46 $ CAD |
| Prix | 5 061 614 $ CAD |
| Prix par AC | 112 982,46 $ CAD |
| Taille du lot | 44,80 AC |
Impôts fonciers
| Numéros de lot | Évaluation des bâtiments | 0 $ CAD | |
| Évaluation du terrain | 977 922 $ CAD | Évaluation totale | 977 922 $ CAD |
Impôts fonciers
Numéros de lot
Évaluation du terrain
977 922 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
977 922 $ CAD
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Norco Dr - ±44.8 Acres of Vacant Land
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