0 Rdg St Lake Elsinore, CA 92530
This exceptional investment opportunity presents two contiguous vacant residential land parcels totaling 0.29 acres (approximately 12,631 square feet) in the desirable Lake Elsinore, California community. Located at 0 Ridge Rd, 92530, this property boasts a convenient location, just 600 feet north of paved Mill Street, offering easy access to the area's amenities. Buyers will enjoy proximity to Lake Elsinore, schools, parks, and shopping centers. The property is zoned for residential use, providing flexibility for future development. It's important to note that the property currently lacks paved road access and utilities; prospective buyers are strongly encouraged to conduct their own due diligence regarding utility connections and site preparation costs. The APN is 373-112-007. This is a unique chance to acquire land in a thriving community at an attractive price point. The asking price for this exceptional opportunity is $35,000. Don't miss out on this chance to build your dream home or develop a valuable asset in a sought-after location.
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
Similar Nearby for Lease
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.