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$ 485,000
Est. payment | /mo
4.2 Acres Lot
$ 485,000
Est. payment | /mo
4.2 Acres Lot
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRLG25069517
HOA Y/N No
Lot Size 4.200 Acres
Acres 4.2
Property Sub-Type Comm Ind For Sale
Property Description
Prime 4.2-acre development opportunity in Hemet, CA! This R3-zoned property offers medium to high-density multifamily potential and is located within a designated Opportunity Zone, providing substantial tax incentives for investors. Ideal for apartment complexes, senior living, memory care, or a mobile home park, this lot is positioned in a growing market with increasing demand for housing. Strategically located near major roads, utilities, and community amenities, this site is primed for development. The City of Hemet supports residential expansion, making this an attractive prospect for developers looking to capitalize on the area's growth. Key Highlights: Zoned R3 – Multifamily Medium to High Density Opportunity Zone – Significant tax benefits for investors 4.2 Acres – Ideal for apartments, senior housing, memory care, residential or mobile home park Infrastructure Ready – Utilities nearby & accessible location High-Growth Area – Strong demand for housing and senior care Don’t miss this rare investment opportunity!
Location
State CA
County Riverside
Interior
Heating None
Cooling None
Fireplace No
Exterior
Utilities Available Other, Cable Available
Building
New Construction No
Others
Tax ID 451100033
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Listed by Mark Kojac • First Team Real Estate
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "