N Ramona Expessway Road San Jacinto, CA 92582
1.) The property has over 3,000 feet of frontage on Ramona Expressway, which is the main East/West arterial and highest east/west traffic counts through the city of San Jacinto. 2.) The proposed Mid-County Parkway, for which Riverside County is acquiring Right-of-Way and has a scheduled start of construction in 2020, is planned to run through the western and southern portions of the subject property. This means that Riverside County Transportation Commission (RCTC) will need to acquire roughly half of the property from the owner. Upon construction of the Mid-County Parkway, the subject property will have frontage on Ramona Expwy and Mid County Parkway. RCTC paid a huge sum of money for 36 acres of ROW just to the East of the subject property in 2007. That comp will certainly factor in the future when RCTC comes knockin’ to acquire ROW through the 58 acres. 3.) The property is located within the Cannabis Cultivation Zone. Power is available at the property. 4.) The property is within the Gateway Area Specific Plan which is intended to be the city’s primary commercial hub and will allow for various/flexible commercial and industrial uses
|4 hours ago||Listing updated with changes from the MLS|
|3 months ago||Listing first seen online|
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