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$3,675,000
2 Days On Site

0 Norco
Norco, CA 92860

For Sale|Land|Active
County:
Riverside
Listed by Matthew Wenzel of Marcus & Millichap [email protected]
0 Norco0 Norco0 Norco0 Norco
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Monthly Payment (Est.)

$16,767
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The subject property is a ±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.

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Listing Snapshot
Price 
$3,675,000
Days On Site 
2 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
44.8 Acres
Year Built 
N/A
MLS® Number 
PW25163720
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 days agoListing first seen on site
2 days agoListing updated with changes from the MLS®
General Features
Acres 
44.8
Special Circumstances 
Standard
Water Source 
Public
Zoning 
HDO
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Exterior Features
View 
NeighborhoodPanoramic
Waterview 
NeighborhoodPanoramic
Community Features
Financing Terms Available 
Cash
MLS Area 
250 - Norco


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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