0 Lakeview Avenue, Nuevo/lakeview, CA 92567
0 Lakeview Avenue, Nuevo/lakeview, CA 92567
0 Lakeview Avenue, Nuevo/lakeview, CA 92567
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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517
Listed by Chris Flores • F7 Realty
$984,900
Est. payment /mo
3.82 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW-26000085

Lot Size 3.820 Acres

Source California Regional Multiple Listing Service (CRMLS)

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

Zoning R-1

Exterior

Community Features Street Lights

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Building

Lot Description 2-5 Units/Acre

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Naghmeh Keyvani

Naghmeh Keyvani

+1(201) 759-6517

Broker Associate License ID: DRE# 02091823

Broker Associate License ID: DRE# 02091823

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