0 Lakeview Avenue,Nuevo/Lakeview, CA 92567
Nuevo/Lakeview, CA 92567
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!
Details
| MLS # | DW26000085 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 248 |
| Listing Provided By | F7 Realty | Chris Flores |
Features
| Zoning | R-1 |
|---|---|
| Acreage | 3.82 |
| Property View | None |
Exterior
| Lot Features | Two To Five Units Acre |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Nuevo/Lakeview |
| Zip Code | 92567 |
| Area | 699 Not Defined |
| Listing VS Median (in 92567) | |
Price: $984,900 low | high Med: $0 On site: 248 low | high Med: | |
Market Activity 92567
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Nuevo/Lakeview |
| Zip Code | 92567 |
| Area | 699 Not Defined |
| Listing VS Median (in 92567) | |
Price: $984,900 low | high Med: $0 On site: 248 low | high Med: | |
