Property profile

0 Van Buren Blvd Riverside, CA 92504

OFF-MARKET
Land
38 ac lot
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 38 ac (1,655,280 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Van Buren Blvd Riverside, CA 92504
Riverside metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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