21 Polley St Nuevo, CA 92567
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.
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
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.