Bedrock
Development agreement

Madison at Railroad, Riverside, CA

On municipal recordRiverside, CA
5/ 5
Prime signal
Bedrock impact score
Action type
Development agreement
Asset class
Multi-asset · site-wide
Status
On municipal record
Filed
2026-08-11
Jurisdiction
Riverside, CA
Days on record
18 days
Aerial view of Madison at Railroad, Riverside, CAApprox — jurisdiction center
Aerial — close view · EsriInteractive map ↓
Street View ↗
01Investment highlights

Why this deal matters

  • Development agreement in Riverside, CA
  • Bedrock impact score 5 of 5 — Prime signal
  • A ~3.7-acre former redevelopment parcel in Riverside is being disposed of to a named developer
  • This is a direct competitive land acquisition event that signals active entitlement momentum and removes the site from the available market.
  • On the municipal record 18 days (filed 2026-08-11)
02Deal summary

The rationale

A ~3.7-acre former redevelopment parcel in Riverside is being disposed of to a named developer — this is a direct competitive land acquisition event that signals active entitlement momentum and removes the site from the available market.

Riverside City Council, acting as Successor Agency to the former Redevelopment Agency, is adopting a resolution to approve a purchase, sale, and development agreement with Railroad Ave Storage LLC for the sale of approximately 3.7 acres of Successor Agency-owned vacant land known as Madison at Railroad (APNs 230-245-013 and -015, partial).

03Deal facts

The filing record

Jurisdiction
Riverside, CA
Action type
Development agreement
Asset class
Multi-asset · site-wide
Parcel · APN
230-245-013, 230-245-015
Applicant
Railroad Ave Storage LLC
Status
On municipal record
Filed
2026-08-11
Days on record
18 days
04Location

Where this sits

Approximate — centered on the jurisdiction (no exact street address on file).Esri World Imagery
Madison at Railroad, Riverside, CA
33.95300, -117.39600 · approximate (jurisdiction center)
Street view

At street level

Street view of Madison at Railroad, Riverside, CA
Google Street View · nearest outdoor imagery
Area demographics

Riverside County

2,437,864
Population
$70,732
Median HH income
736,413
Households
$1,269
Median rent
U.S. Census · ACS 5-year
Nearby amenities

Within ~1 mile

20 Transit
20 Schools
20 Dining
3 Grocery
12 Banks
5 Parks
Points of interest · Google Places
05Record timeline

Filing to current status

  1. Filed with jurisdiction
    2026-08-11
    18 days on record
  2. Scored by Bedrock
    Relevance 5 / 5
    Automated land-use signal
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