4.20 acres | #LG25069517
Description
Prime 4.2-acre development opportunity in Hemet, CA! This R3-zoned property offers medium to high-density multifamily potential and is located within a designated Opportunity Zone, providing substantial tax incentives for investors. Ideal for apartment complexes, senior living, memory care, or a mobile home park, this lot is positioned in a growing market with increasing demand for housing.
Strategically located near major roads, utilities, and community amenities, this site is primed for development. The City of Hemet supports residential expansion, making this an attractive prospect for developers looking to capitalize on the area's growth.
Key Highlights:
Zoned R3 – Multifamily Medium to High Density
Opportunity Zone – Significant tax benefits for investors
4.2 Acres – Ideal for apartments, senior housing, memory care, residential or mobile home park
Infrastructure Ready – Utilities nearby & accessible location
High-Growth Area – Strong demand for housing and senior care
Don’t miss this rare investment opportunity!
Property Details
- Utility FeaturesCableAvailable, ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
- Lot DescriptionTwentySixToThirtyUnitsAcre, LotOver40000Sqft, Level, NearPublicTransit
- Property SubtypeUnimprovedLand
- MLS #LG25069517
- MLS #LG25069517
- CountyRiverside
- Property TypePurchase
- Original List Price$485,000
- Utility SourcePublic
- Cost485000
- Acres4.2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Mark Kojac (#LGKOJAMAR)
Listing Office: First Team Real Estate (#LFELN)
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