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Sharad Gupta

contact@trademyhome.com +1(408) 401-1003

Listed by Chris Flores, DRE #01874663 • F7 Realty

$984,900

Est. payment - /mo

3.82 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 CRDW26000085

Lot Size 3.820 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Outstanding development opportunity in the high growth city of Nuevo! This lot is almost 4 Acres of flat land, neighboring single family homes and properties of residential use. Zoned R-1 with potential to build a single family homes subdivision community. There was a previously submitted proposal to the Riverside County Planning Department to subdivide each parcel to approximately 20,000 SF to then build residential housing. The average price for new construction homes in the area are selling at $290/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. The property is located near the 215 freeway, Ramona Expressway, Lake Perris, and Diamond Valley Lake. Don't miss this great opportunity!

Location

State CA

County Riverside

Area 699 - Not Defined

Zoning D1

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Water Other

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Tax ID 307320010

Special Listing Condition Not Applicable

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Sharad Gupta

Broker License ID: 02213637

contact@trademyhome.com

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

0 Lakeview AVE CA 92567

Sharad Gupta

Key Details

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0 Lakeview AVE