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. Don’t miss this great opportunity!
Property Details
Price:
$999,900
MLS #:
DW24220209
Status:
Active
Baths:
0
Address:
0 Lakeview Avenue 307320010
Type:
Land
Neighborhood:
699notdefined
City:
Nuevo-Lakeview
Listed Date:
Oct 30, 2024
State:
CA
ZIP:
92567
Lot Size:
166,399 sqft / 3.82 acres (approx)
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2-5 Units/ Acre
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- Address0 Lakeview Avenue 307320010 Nuevo/Lakeview CA
- Area699 – Not Defined
- CityNuevo/Lakeview
- CountyRiverside
- Zip Code92567
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0 Lakeview Avenue 307320010
Nuevo/Lakeview, CA
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