Lakeview/Reservoir Avenue, Nuevo, CA 92567

$799,000

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List Price
$799,000
Status
ACTIVE
MLS#
SW-26224949
Lot Size
7
Days on Market
13
Property Type
Land

Property Description

Seize a rare opportunity to own prime 7 acres (includes a dedicated paper street right-of-way on the property parcel map) commercial land, zoned Mixed Use, strategically located at the high-traffic intersection of Lakeview and Reservoir Avenues in the thriving community of Nuevo, CA. With frontage on both Reservoir and Lakeview Avenues, directly behind a Valero gas station and steps from Ramona Expressway (State Route 79), this flat, developable site enjoys exceptional visibility, boasting a daily traffic count exceeding 40,000 vehicles (per Riverside County traffic studies). Comprising 5 parcels (APNs: 426-092-006, 426-092-002, 426-074-005, 426-073-009, 426-091-001), this property offers paved street access with all utilities readily available at the road, making it a blank canvas for a variety of commercial ventures. Located less than a mile from the approved “Villages of Lakeview” master-planned community, which will bring 8,750 homes to the area, this lot is perfectly positioned to capitalize on the region’s tremendous planned commercial and industrial growth. With very few commercial parcels available in this up-and-coming area, this property is an ideal investment for developers and businesses looking to establish a foothold in a rapidly expanding market. Contact us today for the plat map, a full list of permitted uses, and to explore this unparalleled development opportunity! Buyers should independently verify all details related to the property, including but not limited to zoning, lot size, boundaries, building requirements and their intended use.

Additional Information

Land Lease Type
Fee
View
Mountain(s)

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Listing courtesy of The Real Estate Firm.