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Travis Breton

travisbreton@gmail.com +1(760) 470-2752

$ 4,500,000

Est. payment | -/mo

4.47 Acres Lot

Save

$ 4,500,000

Est. payment | -/mo

Save

4.47 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID IG26153709

Lot Size 4.470 Acres

Property Sub-Type Lots/Land

Property Description

Rare 4.47-acre, level and flat development site in a supply-constrained submarket with very little remaining undeveloped land in Grand Terrace. The parcel is rectangular in shape, with the exception of a small lot at the southwest corner that is not part of this offering. The site is currently zoned R-1, and the City has already taken the first step toward approving a zoning increase to R3-40. A second reading of the ordinance and a waiting period remain before the change becomes law, but the process is underway, positioning this as one of the few opportunities in Grand Terrace for a future multi-family project of meaningful scale. In addition to the raw land, the offering includes a leasehold interest in an approximately 4,100 SF masonry church building, built in 1967, that runs with the land. Public water and sewer, plus electricity, gas, cable, telephone, and irrigation, are already available at the site. Grand Terrace is a charming, low-rise bedroom community known for low crime and good schools, with easy freeway access and close proximity to Loma Linda, home to a major medical center and university. With upzoning to R3-40 in process, all utilities in place, and a leased improvement already on site, this parcel is a rare find for a developer, investor, or owner/user seeking to build multi-family housing. Buyer and buyer's agent to independently verify zoning, entitlement status, lot size, square footage, and all other facts material to this listing. Information is deemed reliable but not guaranteed.

Location

State CA

County San Bernardino

Direction Michigan St

Interior

Fireplace No

Exterior

Utilities Available Cable TV, Electric, Natural Gas, Telephone

View Y/N No

Others

Senior Community No

Tax ID 1167281010000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Joseph Catanzarite, DRE#02062568 AEGIS PROPERTIES INC

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA, 92008, USA

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12667 Michigan Grand Terrace, CA 92313