Sunrise Ranch

6770-6798 Limonite Frontage Rd,
Jurupa Valley, CA 92509

Rare 8.56-Acre Jurupa Valley Compound with 3 Homes + Development Upside

$4,500,000
Price
MDR /LDR
Zoning Type
372,874
Land SF
 
 
8.56
Land Acres
 
 
$4,500,000
Price
MDR /LDR
Zoning Type
372,874
Land SF
 
 
8.56
Land Acres
 
 

OVERVIEW

  • Six adjacent lots totaling 8.56 acres in Jurupa Valley located close to Jurupa Valley Country Club.
  • The subject property has 3 Dwelling Units. 1) 3,283 sf, 3 bedroom, 2 bathroom SFR with well kept grounds, horseshoe driveway, full wrought iron fence and in ground pool. Built in 1957 2) 2,772 sf. 5 bedroom, 2 bathroom, Manufactured Home on permanent foundation (built 2012), accessed from a driveway separate from the main house. 3) 1,392 sf, 3 bedroom, 2 bathroom, Manufactured Home on permanent foundation, accessed from a driveway separate from the main house. There is also a barn and room for horse corral, garden, or event area.

POTENTIAL DEVELOPMENT

  • There is a total of six parcels. Five of the six parcels (6.35 acres) is zoned MDR allowing for a density of (5 DU/AC) and one parcel (2.21 acres) is zoned LDR allowing for (2 DU/AC). This yields approximately 34 homes for development. These amounts need to be confirmed, as RC Hobbs next door only built 31 lots on 19.36 acres.
  • The adjacent property developed by RC Hobbs, (Countryside Estates) homes are on the market for $1M - $1.2M depending on the model. In 2022 they filed for a General Plan Amendment (from EDR/Ranch to LDR) and a 31-lot single-family subdivision (roughly 1.6 DU/acre).

PRICING & OFFER STRATEDY

  • Price as a unique assemblage (land + improvements), not purely on residual land value.
  • Target recovery centers looking to buy or lease.

MARKETING CHANNELS & TACTICS

  • Direct outreach to active local and regional homebuilders. As well as people looing for a home and rental income properties. So a combination of the MLS and LoopNet folks.
  • Confidential packages to assisted living developers and recovery center groups for lease and sale. Also, contact private investor network and Lee & Associates office contacts.

RC Hobbs Sale Comp

  • (Adjacent property) 6550 Limonite Avenue, Jurupa Valley, approximately 19.4-acre property. $2,081,500, recorded June 4, 2024. That equals roughly $107,000 per acre.

  • Jurupa Valley: The property is located in Jurupa Valley, a city in Riverside County, California. Jurupa Valley is known for its agricultural roots and proximity to major transportation corridors such as Interstate 15 and State Route 60.
  • Commercial Hub: The surrounding area is a commercial hub with various retail stores, restaurants, and businesses nearby. Examples include Walmart Supercenter, Target, and Home Depot, which attract a steady flow of customers.
  • Residential Neighborhoods: The property is situated near several residential neighborhoods, providing a potential customer base for businesses looking to cater to local residents. Examples of nearby neighborhoods include Indian Hills and Sunnyslope.
  • Traffic Flow: The property benefits from high traffic flow along Limonite Frontage Road, making it a desirable location for businesses seeking visibility and exposure to passing vehicles. The area experiences steady traffic throughout the day.
  • Development Opportunities: Jurupa Valley is experiencing growth and development, presenting potential opportunities for businesses to expand or invest in the area. The property's location in a developing city can be advantageous for long-term investment strategies.
FOR MORE DETAILS CONTACT
John Gessford
Senior Vice President | Principal
(949) 278-6645
jgessford@lee-associates.com
01137479
Charlie Winn
Senior Vice President/Principal
(714) 271-2963
cwinn@lee-associates.com
01151176