Property Detail
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, residential or mobile home park. Utilities nearby & accessible location High-Growth Area Strong demand for housing and senior care Dont miss this rare investment opportunity!
Map Location
Listing provided courtesy of Mark Kojac of First Team Real Estate. Last updated 2025-04-02 09:17:50.000000. Listing information © 2024 PACIFICSOTHEBYSFULLSANDICORCOMBINED.
CA DRE # 01450729
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