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17.92 Acres Lot
$ 500,000
Est. payment | /mo
17.92 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Pending
Purchase Type For Sale
MLS Listing ID IV25008045
HOA Y/N No
Annual Tax Amount $5,080
Tax Year 2024
Lot Size 17.920 Acres
Property Description
Wonderful opportunity to own 17.92 +- Acres on Ramona Expressway. The county is in the process of making significant improvements to Ramona Expressway. This will be a major throughfare from the 215 to San Jacinto (see attachment). This is your opportunity to get in on the ground floor before all these road improvements are completed. The property has approximately 1800 feet of Ramona expressway frontage. Subject property is all flat with a gentle slope going south. According to Riverside County website the property is currently zoned R-5 Primarily residential however, other uses are possible under the zoning classification (please see attachment from the county regarding R-5 zoning). There may be a chance to request the county for a zone change due to the frontage along Ramona Expressway. With so much potential in the development of this property we do not expect this wonderful investment opportunity to remain on the market long. This Ideal location across the street from Lake Perris state park, schools and shopping nearby is priced to sell, making this an ideal investment opportunity for the savviest investor.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning R-A-5
Interior
Fireplace No
Exterior
Fence None
Community Features Suburban, Park
Utilities Available None, Sewer Not Available
View Y/N Yes
View Hills, Panoramic
Present Use Unimproved
Building
Lot Description 2-5 Units/Acre, Lot Over 40000 Sqft, Level, Near Park, Street Level, Value In Land
Sewer None
Water Public, See Remarks
New Construction No
Others
Senior Community No
Tax ID 308130008
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
Listed by SCOTT LOGAN • UNITED CALIFORNIA REALTY • 951-208-6842