Lakeview Avenue, Nuevo/Lakeview, CA 92567
Property Details
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!
PROPERTY DETAILS: Square Feet: 382
EXTERIOR FEATURES: • Zoning: R-1
LISTING AGENT: Agent: Chris Flores | Office: F7 Realty | Phone: 5624174859 | Email: [email protected]
LISTING INFORMATION: MLS#: DW26000085 | Status: FOR SALE
Location
Address
Lakeview Avenue
City
Nuevo/Lakeview
Features and Finishes
Exterior Features:
• Zoning: R-1
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