Technical
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Property profile

0 Wosslick Ave Nuevo, CA 92567

OFF-MARKET
Land
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Property summary

AI-generated overview

This exceptional 18.10-acre parcel in Nuevo, California, presents a remarkable opportunity for builders and investors. Located in the desirable Nuevo/Lakeview area of Southwestern Riverside County, this property boasts a prime location with convenient access to major freeways, including the Ramona Expressway and I-215, providing easy commutes to Riverside, San Bernardino, Orange Counties, and Greater Los Angeles. The property is zoned R-A-1, allowing for a variety of development options, including manufactured homes. A passed perk test and readily available power and water simplify the development process. The lot features surveyed corners and encompasses 788,436 square feet, priced at $1 per square foot, totaling $499,900. Situated within the Nuview Union School District, Valley View Elementary School (K-6) is within walking distance, and Mt. San Jacinto College is nearby. Enjoy the convenience of nearby amenities in Menifee Valley, Riverside, Hemet/San Jacinto, Perris, Lake Elsinore, Wildomar, Murrieta, and Temecula, offering diverse shopping, dining, medical, and service options. Recreational opportunities abound with Lake Perris, just minutes away, providing access to boating, fishing, and camping. The expansive acreage offers ample space for custom homes, ranches, outbuildings, and various agricultural pursuits. The seller may consider owner financing, providing added flexibility. Coordinates are 33.817618, -117.099749. APN is 425190006. This is a truly unique opportunity in a thriving area.

Property profile

Verified
Property type Land

Cap rate & NOI

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

Location

Wosslick Ave Nuevo, CA 92567
Nuevo metro
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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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