12667 Michigan ST, Grand Terrace, CA 92313
12667 Michigan ST, Grand Terrace, CA 92313
12667 Michigan ST, Grand Terrace, CA 92313
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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660
Listed by Joseph Catanzarite, DRE #02062568 • AEGIS PROPERTIES INC
$4,500,000
Est. payment /mo
4.47 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRIG26153709

Lot Size 4.470 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Rare 4.47-acre, level and flat development site in a supply-constrained submarket with very little remaining undeveloped land in Grand Terrace. The parcel is rectangular in shape, with the exception of a small lot at the southwest corner that is not part of this offering. The site is currently zoned R-1, and the City has already taken the first step toward approving a zoning increase to R3-40. A second reading of the ordinance and a waiting period remain before the change becomes law, but the process is underway, positioning this as one of the few opportunities in Grand Terrace for a future multi-family project of meaningful scale. In addition to the raw land, the offering includes a leasehold interest in an approximately 4,100 SF masonry church building, built in 1967, that runs with the land. Public water and sewer, plus electricity, gas, cable, telephone, and irrigation, are already available at the site. Grand Terrace is a charming, low-rise bedroom community known for low crime and good schools, with easy freeway access and close proximity to Loma Linda, home to a major medical center and university. With upzoning to R3-40 in process, all utilities in place, and a leased improvement already on site, this parcel is a rare find for a developer, investor, or owner/user seek

Location

State CA

County San Bernardino

Area 266 - Grand Terrace

Zoning LSR,LL,LV

Exterior

Utilities Available Electricity - On Site, Telephone - Not On Site

View None

Building

Lot Description Grade - Level

Others

Tax ID 1167281010000

Special Listing Condition Not Applicable

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Eric & Janelle Boyenga

Eric & Janelle Boyenga

+1(408) 373-1660

Agent DRE01254724 / 01254725

Agent DRE01254724 / 01254725

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