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Nuevo Rd - HIGH DENSITY MIXED USE OPPORTUNITY
31.02 Acres of Residential Land Offered at $2,500,000 in Perris, CA 92571
Investment Highlights
- Close to major housing developments
- Minor Grading
- Close to transportation routes (I-215)
Executive Summary
The zoning for the properties offer the buyer much needed flexibility. Commercial, single-family, townhouses and retail are permitted
Property Facts In Escrow
| Price | $2,500,000 | Property Type | Land |
| Sale Type | Investment or Owner User | Property Subtype | Residential |
| Sale Conditions | 1031 Exchange | Total Lot Size | 31.02 AC |
| No. Lots | 1 | Cross Streets | Dunlap |
| Price | $2,500,000 |
| Sale Type | Investment or Owner User |
| Sale Conditions | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 31.02 AC |
| Cross Streets | Dunlap |
1 Lot Available
Lot 5
| Price | $2,500,000 | Lot Size | 31.02 AC |
| Price Per AC | $80,593 |
| Price | $2,500,000 |
| Price Per AC | $80,593 |
| Lot Size | 31.02 AC |
Approximately 31 ACRES (5 flat parcels) on Nuevo Rd. This spectacular property is close to I-215 and several new housing developments within 3 miles. A flexible zoning of MU (Mixed Use) with High Density Residential
Description
An amazing 31 ACRES (5 flat parcels) on Nuevo Rd. This spectacular property is close to I-215 and several new housing developments within 3 miles. A flexible zoning of MU (Mixed Use with high density residential) makes this property a developer's dream property. This centrally located parcels with a flat terrain within a short drive to the Temecula wine country, San Diego, Orange county and Los Angeles. Commercial, single-family, attached townhouses and retail are all permitted in this location.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,286,634 | Total Assessment | $1,286,634 |
PROPERTY TAXES
zoning
| Zoning Code | MU- HIGH DENSITY (See page 33 of the Lakeview/Nuevo Area Plan attached) |
| MU- HIGH DENSITY (See page 33 of the Lakeview/Nuevo Area Plan attached) |
Presented by
Nuevo Rd - HIGH DENSITY MIXED USE OPPORTUNITY
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