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Nwc Nicolas Road & Liefer Rd - 5-Acre Development Opportunity in Temecula 5.06 Acres of Residential Land Offered at $649,000 in Temecula, CA 92591
Investment Highlights
- Prime 5.06-Acre Land Development Opportunity in Temecula
- ±950 Feet of Combined Road Frontage
- High-Income Surrounding Demographics
- VL (Low Density Residential) Zoning with 2.5- Acre Minimum Net Lot Area
- Prominent Corner Location at Nicolas Road & Liefer Road
- Level Topography for Future Development | Multiple Uses Permitted By-Right
Executive Summary
Compass Commercial is pleased to present a ±5.06-acre residential development opportunity located at the northwest corner of Nicolas Road and Liefer Road in Temecula, Riverside County, California. The ±220,414 SF parcel is zoned VL (Low Density Residential), with single-family detached residential development permitted within the zoning district. City of Temecula development standards establish a minimum net lot area of 2.5 acres within the VL zone, along with a density range of 0.2–0.4 dwelling units per net acre. Accessory dwelling units are also permitted within the VL zoning district. The property offers approximately 700 feet of frontage on Nicolas Road and 250 feet on Liefer Road. The surrounding area has a median household income of $127,966 within one mile, with 10,816 residents and 3,215 households. Within three miles, the population reaches 91,642 residents across 28,820 households, with a median household income of $112,279.
__________________________________
*Please Contact Listing Agent For Any Additional Information.
*Buyer to verify any and all accuracy of information and proposed uses with city.
__________________________________
*Please Contact Listing Agent For Any Additional Information.
*Buyer to verify any and all accuracy of information and proposed uses with city.
Property Facts
| Price | $649,000 | Property Subtype | Residential |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 5.06 AC |
| Property Type | Land | ||
| Zoning | Low Density Residential - City of Temecula – VL Zoning | ||
| Price | $649,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 5.06 AC |
| Zoning | Low Density Residential - City of Temecula – VL Zoning |
1 Lot Available
Lot
| Price | $649,000 | Lot Size | 5.06 AC |
| Price Per AC | $128,260.87 |
| Price | $649,000 |
| Price Per AC | $128,260.87 |
| Lot Size | 5.06 AC |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 957-090-015 | Improvements Assessment | $0 |
| Land Assessment | $378,850 | Total Assessment | $378,850 |
Property Taxes
Parcel Number
957-090-015
Land Assessment
$378,850
Improvements Assessment
$0
Total Assessment
$378,850
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