0 Horning Rd Hemet, CA 92543
Exceptional investment opportunity: 38.26 acres of commercial land in Hemet, CA (APN: 4692000007, 469200008, 469200016), currently priced at $165,000. This property boasts breathtaking panoramic views of the Inland Empire, extending to the ocean and Southern California's snow-capped mountains. Zoned AG-10-2, the land offers diverse potential uses, including agricultural pursuits, equestrian activities, or future development. Its location provides convenient access to major freeways (I-15 and I-215), and proximity to several thriving communities such as Menifee, Murrieta, and Temecula Valley Wine Country. The property is nestled on three sides by the expansive 13,500-acre Shipley Reserve, offering a tranquil setting. Nearby recreational amenities include Diamond Valley Lake, with its marina, hiking trails, and water sports. The property's agricultural designation and substantial size present a unique opportunity for investors seeking land with significant development potential. Consult the Riverside County Planning Department for details on land-use permits, planned road improvements, and development possibilities. This is a rare chance to acquire a large parcel of land with stunning views and excellent access to major transportation routes and recreational areas. The seller is motivated and seeking a quick sale.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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