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40624 Gibbel Rd
Hemet, CA 92544
Mesa Grande · Land For Sale
·
468.00 AC
INVESTMENT HIGHLIGHTS
- Approved specific plan for 200± homes
- Close proximity to Diamond Valley Reservoir and Recreational Area
- Located just outside of the growing Inland Empire industrial market
EXECUTIVE SUMMARY
This 468± Acre Residential Development Opportunity is located in unincorporated Riverside County and tucked into the Santa Rosa Hills. Apart of the approved Mesa Grande Specific Plan, this property provides a unique opportunity to develop a low density (1-10 acre lots) residential project with stunning views over the City of Hemet and the surrounding valleys. Alternatively, a developer may desire to reimagine the project with an increase to density or smaller lots and project footprint.
PROPERTY FACTS Under Contract
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 468.00 AC |
| Zoning | R-A-1, W-2 - Residential Agriculture, Controlled Development Areas | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 468.00 AC |
| Zoning | R-A-1, W-2 - Residential Agriculture, Controlled Development Areas |
1 LOT AVAILABLE
Lot
| Price | $9,000,000 | Lot Size | 468.00 AC |
| Price Per AC | $19,230.77 |
| Price | $9,000,000 |
| Price Per AC | $19,230.77 |
| Lot Size | 468.00 AC |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $210,835 | Total Assessment | $210,835 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$210,835
Improvements Assessment
$0
Total Assessment
$210,835
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