Norco, CA 92860,0 Norco
Norco, CA 92860,0 Norco
Norco, CA 92860,0 Norco
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$3,675,000
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44.8 Acres Lot
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0 Norco Norco, CA 92860

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Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25163720

HOA Y/N No

Lot Size 44.800 Acres

Property Description

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.

Location

State CA

County Riverside

Area 250 - Norco

Zoning HDO

Interior

Fireplace No

Exterior

Community Features Foothills

View Y/N Yes

View Neighborhood, Panoramic

Building

Lot Description Value In Land

Water Public

New Construction No

Others

Senior Community No

Tax ID 130240021

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


CRMLS – RECore
Listed by Matthew Wenzel Marcus & Millichap matthew.wenzel@marcusmillichap.com

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agent

Lucas Monari

Agent | License ID: 02163562

+1(858) 405-5018

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