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Nuevo/lakeview,CA 92567
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24220209
Lot Size 3.820 Acres
Property Description
Outstanding opportunity for Investors & Builders looking for zoned Residential land! This lot is almost 4 Acres of flat land; neighboring single family homes and properties of residential use. Zoned R-1 with potential to subdivide the vacant lot to build a single family homes community! There was a previously submitted proposal to the Riverside County Planning Department that would 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 $250/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. Dont miss this great opportunity!
Outstanding opportunity for Investors & Builders looking for zoned Residential land! This lot is almost 4 Acres of flat land; neighboring single family homes and properties of residential use. Zoned R-1 with potential to subdivide the vacant lot to build a single family homes community! There was a previously submitted proposal to the Riverside County Planning Department that would 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 $250/PSF or $550k. TIMES that by the amount of lots to be subdivided to equal your gross potential market value. Dont miss this great opportunity!
Location
State CA
County Riverside
Area Riv Cty-Nuevo (92567)
Others
Monthly Total Fees $5
Acceptable Financing Cash,Conventional,Seller May Carry
Listing Terms Cash,Conventional,Seller May Carry