22955 Sky Mesa Rd Homeland, CA 92548
This exceptional 10.66-acre commercial land parcel presents a unique investment opportunity in the prestigious, gated community of "The Ranch at Sky Mesa," nestled high above the Menifee Valley in California. Located at 22955 Sky Mesa Rd, Nuevo, CA 92548 (APN 429340001), this property boasts a desirable location with convenient access to major freeways including I-215, I-15, Ramona Expressway, and Highways 74, 79, 10, and 60. The lot features approximately 110 feet of frontage and extends to approximately 1000 feet on the north side and 1500 feet on the south side, with an 845-foot back line. A pad site is plotted on the existing site map, and fire hydrant location and property corners have been confirmed. Utilities are readily available in the paved street, including district water, and designated areas for propane and septic tanks are present. The community's HOA guidelines allow for the construction of homes up to 2800 square feet with three-car garages, and permits up to four horses per lot. No mobile homes are permitted. This 500-acre community comprises 77 lots, secured by a high-tech security camera system and gated entrance with a guest buzzer system. The property offers a blend of privacy and convenience, with proximity to local services and easy access to Los Angeles, mountains, deserts, and beaches. This is one of thirteen available lots, making it an ideal opportunity for builders and developers. The asking price is $150,000, and owner financing may be available.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.