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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 California’s most recognizable equestrian and lifestyle communities. The property’s 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
Listing agent: John Chapman DRE #00806941 jawkneesea32@aol.com, Listing office: COLDWELL BANKER LEADERS
MLS data updated 10/19/2026, 5:39:32 AM PT
Source: CRMLS, MLS #: CV26124720
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Compare recorded home prices, same-type ZIP sales and mortgage rates.
May 30, 2026
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This home · nearest recorded event
$5,500,000Original asking price · May 30, 2026ZIP 92860 · May 2026
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No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
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