50.57 Ac Reservior Ave Lakeview, CA 92567
- Land
- 50.57 lot acres
Current Use by Public Records
- Land
Property Details for 0 50.57 Ac Reservior Ave
- Lot size
- 50.57 lot acres
- Property type
- Land
Description
This exceptional 50.57-acre parcel of relatively flat land presents a unique investment opportunity in Orange County, California. Currently utilized for agriculture, this expansive property boasts over half a mile of frontage along Reservoir Avenue, providing excellent accessibility. Strategically located east of Perris, between Nuevo Road and Ramona Expressway, the land enjoys a prime position near Nuview Bridge Early College High School and Mountain Shadows Middle School. Its proximity to major transportation arteries is a significant advantage, with convenient access to Interstate 215 (approximately 9 miles via Ramona Expressway and 7.5 miles via Nuevo Road) and Interstate 10 (approximately 16 miles via Highway 79). The seller owns additional acreage in the immediate vicinity and is willing to consider selling larger parcels, making this an ideal opportunity for developers or investors seeking significant land holdings in a rapidly growing area. The asking price for this remarkable property is $2,500,000. The property's location in the 92567 zip code, near the city of Nuevo, offers a blend of accessibility and potential for future development. The flat topography simplifies potential development plans, while the existing agricultural use provides immediate income potential.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lakeview
- County
- Orange
- State
- California
- Longitude
- -117.133
- Latitude
- 33.826
