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NE Corner Of State St - South State Street 4.13 Acres of Residential Land Offered at $1,199,000 in Hemet, CA 92543
INVESTMENT HIGHLIGHTS
- Located on Opportunity Zone
- Multi-family housing permitted, subject to review and approved by City
EXECUTIVE SUMMARY
Prime investment opportunity for savvy developer, located in growth area of Hemet at popular thoroughfare between Hemet and French Valley. Zoning R-4 High Density (Not to exceed 45-units), permitted uses include Senior Housing and Multi-family dwellings including duplexes, condominiums and apartments. Contact Broker for more details.
PROPERTY FACTS
| Price | $1,199,000 | Proposed Use | Multifamily |
| Sale Type | Investment or Owner User | Total Lot Size | 4.13 AC |
| No. Lots | 1 | Cross Streets | Chambers Street |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Residential | ||
| Zoning | R-4 - High Density (Not to exceed 45-units), permitted uses include Senior Housing and Multi-family dwellings including duplexes, condominiums and apartment | ||
| Price | $1,199,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Multifamily |
| Total Lot Size | 4.13 AC |
| Cross Streets | Chambers Street |
| Opportunity Zone |
Yes |
| Zoning | R-4 - High Density (Not to exceed 45-units), permitted uses include Senior Housing and Multi-family dwellings including duplexes, condominiums and apartment |
1 LOT AVAILABLE
Lot
| Price | $1,199,000 | Lot Size | 4.13 AC |
| Price Per AC | $290,314.77 |
| Price | $1,199,000 |
| Price Per AC | $290,314.77 |
| Lot Size | 4.13 AC |
Corner lot zoned Multi-Family Land (R-4)in Opportunity Zone.
1 1
PROPERTY TAXES
| Parcel Number | 451-100-022 | Improvements Assessment | $0 |
| Land Assessment | $238,134 | Total Assessment | $238,134 |
PROPERTY TAXES
Parcel Number
451-100-022
Land Assessment
$238,134
Improvements Assessment
$0
Total Assessment
$238,134
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Presented by
BMI Realty, Inc.
NE Corner Of State St - South State Street
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