Remarks

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, memory care, residential or mobile home park

Infrastructure Ready – Utilities nearby & accessible location

High-Growth Area – Strong demand for housing and senior care

Don’t miss this rare investment opportunity!

Details

MLS#: LG25069517
Price: $485,000


County: Riverside