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Listed by Chris Flores • F7 Realty
$ 999,900
Est. payment /mo
Active
0 Lakeview Avenue Nuevo, CA 92567
166,399 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 166,399 sqft
Price per Sqft $6
MLS Listing ID CRDW24220209
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 3.820 Acres
Property Sub-Type Unimproved Land
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. Don’t miss this great opportunity!
Location
State CA
County Riverside
Interior
Fireplace No
Exterior
View None
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