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$900,000
Est. payment /mo
5 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25161119
HOA Y/N No
Lot Size 5.000 Acres
Property Description
The subject property consists of approximately 5.0 acres of raw land on Dunlap Dr located just south of Nuevo Rd in the City of Perris, one of Riverside County's fastest growing cities. The property has an expired TTM for 60 Townhouse Units with 370 feet of frontage along Dunlap Dr. The property is approximately 3 miles from I-215 at Nuevo Rd where there is a large commercial presence. Immediately to the west and to the south of the property is a large 534 acre property known as the Park West Specific Plan. This plan calls for 2,027 total residential units for a gross density of 3.8 DU/AC. The first phase of this development has already been sold to Pulte Homes who is actively building homes in the community. See the “Surrounding Development Map” included on the following page for additional insight on the area. The site has access to water along Dunlap Dr with sewer access available at the newly built church to the north on Dunlap Dr per the Eastern Municipal Water District. Additionally, Pulte Homes is currently installing sewer within Park West Dr which may also be a connection point for future development.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning MFR-14
Interior
Fireplace No
Exterior
Community Features Valley
View Y/N Yes
View Valley
Building
Lot Description Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 310180025
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
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Listed by ERIC WASHLE COLDWELL BANKER COMMERCIAL SC 714-323-3862, DRE #02076218
Nearby Locations
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Lucio Real Estate Group
Broker Associate | License ID: 01893011
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