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Property profile & analytics
OFF-MARKET
Land

21 Polley St Nuevo, CA 92567

9.03 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 9.03-acre commercial land parcel presents a unique investment opportunity in the rapidly growing Nuevo area of Southwestern Riverside County, California. Located at 21 Polley Street, this property is zoned R-A10, offering flexibility for various commercial uses. The expansive lot allows for ample development potential, catering to a range of businesses. Mobile homes, farm animals, and horses are permitted, adding to its versatility. The absence of a homeowner's association (HOA) provides freedom from restrictive regulations. An adjacent 13.3-acre parcel is also available for purchase, totaling 22.6 acres for larger-scale projects. This location boasts convenient access to major transportation arteries, including the Ramona Expressway, providing easy commutes to Los Angeles, Orange County, San Diego, San Jacinto, Hemet, Idyllwild, Beaumont, Banning, and Palm Springs – all within a 90-minute drive. The area is experiencing significant growth, with new shopping and medical centers enhancing the surrounding communities. Recreational opportunities abound, with Lake Perris and Lake Elsinore offering fishing, boating, camping, and water sports within a short distance. The property sits at an elevation of 2,254 feet and is situated in a rural setting while remaining close to amenities. The APN is 429150021. This property is priced at $199,000 and represents a compelling investment for developers or owner-operators seeking a strategic location in a thriving market.

Property profile
Verified
Property type Land
Lot 9.03 ac (393,347 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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