220 W Big Springs Rd Immeuble | 482 m² | Spécialité | À vendre 1 119 794 € | Riverside, CA 92507

Opportunity to acquire a redevelopment site just steps from the University of California, Riverside campus. This property includes city-approved plans for converting the former elementary school into a three-story, 15-unit apartment complex with a total of 55 bedrooms and a subterranean parking garage offering 34 spaces. Existing utility infrastructure is in place, requiring only upgrades for the new development. Structural engineering and site survey work have been completed by Point Engineering, with MEP engineering provided by Perfect Design & Engineering. The high-visibility corner lot offers strong appeal for student housing or multifamily development in a supply-constrained market. This is a shovel-ready project with entitlements and plans included, reducing time to market and streamlining the development process.