Property profile

45500 Red Mountain Rd Hemet, CA 92544

OFF-MARKET
Land
480 ac lot
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Property summary

AI-generated overview

This exceptional 480-acre property in Riverside County, California, presents a unique investment opportunity. Located at 45500 Red Mountain Rd, Hemet, CA 92544 (APN 569050022), this expansive tract boasts breathtaking views. The land gently rises from approximately 3,300 feet to 4,000 feet above sea level, featuring three hilltop peaks in the southern half and sloping downward towards Cholita Canyon and Hixon Flat in the north. Its rectangular shape extends north from Benton Road and east from Red Mountain Road, offering potential access points. Currently supporting wildflowers and wildlife, the permitted agricultural zoning allows for diverse uses. Imagine grazing, ranching, motorsports, recreational activities, orchards, vineyards, or even camping grounds. With appropriate zoning approvals, residential development could also be considered. This large, undivided parcel offers unparalleled potential for a variety of ventures, capitalizing on its spectacular views and elevated location. The property's size and versatility make it an exceptional investment in the desirable Hemet area.

Property profile

Verified
Property type Land
Lot 480 ac (20,908,800 SF)

Cap rate & NOI

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

Location

45500 Red Mountain Rd Hemet, CA 92544
Hemet metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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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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