$995,000

PRIME 44,548 sf DEVELOPMENT OPPORTUNITY IN RIVERSIDE. ZONED R-3-1500 MULTI FAMILY RESIDENTIAL, allowing for high-density residential development with potential for approximately 29 units. Ideal site for apartments, townhomes, or condominium development. Located in the strong Inland Empire housing market with continued population and rental demand growth. Excellent opportunity for builders, developers, and investors seeking a well-sized infill parcel in a rapidly expanding Southern California submarket. Near the 91 and 60 fwys, Metrolink Station, 3 miles from Downtown Riverside. In the City of Riverside, not in the unincorporated area. Buyer to verify zoning, density, utilities, and development requirements with the City of Riverside.