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Palomar St - Two Side by Side MDR lots 4.78 AC EACH.
10 Acres of Residential Land Offered at $2,500,000 in Wildomar, CA 92595
Investment Highlights
- 9.56 gr. Total Acres in four parcels. RESIDENTIAL INCOME POSSIBILITES IF BUILT OUT TO TWO HOMES ON EACH LOT.
- Preliminary fault study completed and available.
- Power, phone & water available at street
- Multiple zoning types available.
Executive Summary
Flat Land. In path of growth. Corinne Berge DRE 00795397. Realty One Group Southwest DRE 01847410
Property Facts In Escrow
| Price | $2,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Total Lot Size | 10.00 AC |
| Price | $2,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Total Lot Size | 10.00 AC |
1 Lot Available
Lot 4 lots
| Price | $2,500,000 | Lot Size | 10.00 AC |
| Price Per AC | $250,000 |
| Price | $2,500,000 |
| Price Per AC | $250,000 |
| Lot Size | 10.00 AC |
368-060-011 and 012 currently commercial. undergoing a GPA to MDR. Medium Density Residential We have lot layout at this time for 33 lots. Great opportunity for a small builder to develop Ranch homes with room for RV Garage or TWO HOMES (ADU) ON EA
Description
Useable Residential designated property in the path of Growth.New Home development is a very desirable use in this area. 9.56 net/10.38 gross. Four Total Parcels. (APN's 368-060-011, and 368-060-026). APN's 368-011-012 and 368-060-025) THIS IS PRIME FOR HOMES WITH ADU'S AS THE LOTS ARE LARGE Paved Palomar RD access. Electricity in Front. EQ Study done and on file with Riverside County. City of Wildomar. These Parcels are ripe for development.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,411,573 | Total Assessment | $2,411,573 |
PROPERTY TAXES
zoning
| Zoning Code | MDR subj to GPA (City is designating this PRIME PROPERTY to residential. (MDR) Water Sewer and Electricity are very close or in Front. Possibility for more acreag) |
| MDR subj to GPA (City is designating this PRIME PROPERTY to residential. (MDR) Water Sewer and Electricity are very close or in Front. Possibility for more acreag) |
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Clarke Van Deventer - Windfall Springs, Inc.
Presented by
Windfall Springs, Inc.
Palomar St - Two Side by Side MDR lots 4.78 AC EACH.
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