F7 Realty
Listed by F7 Realty
$984,900
Lakeview
Details
APN 307320010
Property Type Land
Sub Type Lots/Land
Acreage 3.820
Land | 3.82 acres
Marketing 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. Dont miss this great opportunity!
Listing Contacts
F7 Realty
Listed by F7 Realty
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