0 Van Buren Blvd Riverside, CA 92504
This exceptional 38-acre parcel presents a remarkable opportunity for residential development in the desirable Woodcrest community of Riverside County, California. Located on Van Buren Boulevard, zip code 92504, this property is zoned R1-1 and boasts a compelling price point of $2,980,000, translating to approximately $125,789 per acre. The land is approved for the construction of 38 single-family homes within a gated community, offering significant potential for a high-return investment. The site's substantial size and approved plans streamline the development process, minimizing potential delays and maximizing efficiency. With its prime location in a sought-after area, this property offers developers a unique chance to create a thriving residential community. Detailed plans for the 38-home gated community are available upon request. This is a rare opportunity to acquire a large, ready-to-develop residential tract in a rapidly growing market. The property's location in Riverside County, California, provides access to excellent infrastructure, amenities, and a strong local economy. Don't miss this chance to secure a valuable asset with significant long-term growth potential. Contact us today to learn more about this exceptional development opportunity.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.