3696 Hamner, Norco, CA 92860

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List Price
$5,500,000
Days on Market
103
Status
ACTIVE
MLS#
CV26124720
Lot Size(apprx.)
228,000
City
Norco
Property Type
Land

Property Description

Extraordinary assemblage of multiple parcels totaling more than 5 acres is being offered for sale, lease, or build-to-suit development. Situated along highly traveled Hamner Avenue, this unique offering boasts 500+ feet of street frontage, creating one of the most visible and strategically positioned commercial land opportunities in the city. Historically improved and previously entitled through development efforts decades ago, utilities are believed to be available at or near the property. The site presents a rare opportunity for investors, developers, owner-users, hospitality groups, retail operators, quick-service restaurant brands, and mixed-use visionaries seeking a prominent location within one of Southern Californias most recognizable equestrian and lifestyle communities. The propertys location, visibility, and frontage create a development profile similar to successful commercial projects developed nearby, including hospitality, restaurant, retail, and service-oriented uses. Previous planning efforts reportedly brought the property close to becoming a significant mixed-use development anchored by a nationally branded hotel and supporting commercial amenities. With flexible ownership objectives, prospective buyers and tenants may pursue: Fee simple acquisition Ground lease structure Build-to-suit development Joint venture discussions Long-term investment hold Hospitality, retail, restaurant, entertainment, office, service commercial, or mixed-use concepts (subject to approvals) The ownership group is open to creative proposals, making this one of the most flexible co Extraordinary assemblage of multiple parcels totaling more than 5 acres is being offered for sale, lease, or build-to-suit development. Situated along highly traveled Hamner Avenue, this unique offering boasts 500+ feet of street frontage, creating one of the most visible and strategically positioned commercial land opportunities in the city. Historically improved and previously entitled through development efforts decades ago, utilities are believed to be available at or near the property. The site presents a rare opportunity for investors, developers, owner-users, hospitality groups, retail operators, quick-service restaurant brands, and mixed-use visionaries seeking a prominent location within one of Southern Californias most recognizable equestrian and lifestyle communities. The propertys location, visibility, and frontage create a development profile similar to successful commercial projects developed nearby, including hospitality, restaurant, retail, and service-oriented uses. Previous planning efforts reportedly brought the property close to becoming a significant mixed-use development anchored by a nationally branded hotel and supporting commercial amenities. With flexible ownership objectives, prospective buyers and tenants may pursue: Fee simple acquisition Ground lease structure Build-to-suit development Joint venture discussions Long-term investment hold Hospitality, retail, restaurant, entertainment, office, service commercial, or mixed-use concepts (subject to approvals) The ownership group is open to creative proposals, making this one of the most flexible commercial land opportunities currently available in Riverside County. Property Features 5+ Acres (Buyer to Verify) Three Assembled Parcels APNs: 130-250-004, 130-250-005 & 130-250-006 Over 500 Feet of Hamner Avenue Frontage High Visibility Location Sale, Ground Lease, or Build-to-Suit Opportunity Flexible Development Potential Major Commercial Corridor Utilities Believed Available Due to Prior Development Activity Centrally Located Within Growing Norco Trade Area

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Listing courtesy of Listing Agent: John Chapman (818-441-6629) from Listing Office: COLDWELL BANKER LEADERS.

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