22740 Kirby St San Jacinto, CA 92582
This exceptional 9-acre parcel in San Jacinto, California (APN 436-280-001), presents a remarkable opportunity for residential development. Zoned R1, this flat land is ideally suited for building up to 35 single-family homes, as indicated by a nearly approved tentative tract map (34858). Engineering work is complete, and surveys show most lots exceeding 7500 square feet. Utilities (water, gas, sewer, and electricity) are readily available at the street. The property boasts a desirable location within the San Jacinto School District, adjacent to a well-maintained park offering ample open space. Its strategic position near the realigned Highway 79 ensures convenient commutes, enhancing property value. The site's proximity to Ramona Expressway provides easy access to major freeways (I-215, I-15, and 91), connecting to Orange County, San Diego County, and Los Angeles (76 miles). Nearby recreational amenities include Diamond Lake, Lake Elsinore, Perris Lake, and several casinos and shopping outlets. This is a truly exceptional builder/developer opportunity in a thriving Southwestern Riverside County location. The asking price is $1,595,000.
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
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.