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Property profile & analytics
OFF-MARKET
Land

0 Rdg St Lake Elsinore, CA 92530

0.29 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Land
Lot 0.29 ac (12,632 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
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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