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Nicole Hazelton-Meacham

[email protected] +1(619) 206-1892

$15,000,000

Est. payment - /mo

3.58 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26018960

Lot Size 3.580 Acres

Property Sub-Type Lots/Land

Property Description

Attention: This is a shovel-ready Multifamily Development Opportunity for a 238 keys + Retail Project in one of Californias high growth mid-level markets to meet the demands of young professionals rising up quickly in the rental market. Targeting large scale developers ready to build as the rates are decreasing! . Located in Temecula Wine Country in the SP-14 Uptown Specific Plans Fully entitled for Two buildings totaling a 238-keys multifamily + approx. 27,000 Retail space for restaurants, conference/event space, or gyms. Area is endowed with Steady population growth, accelerated income with a large percentage of population aging-up to the rental market. All entitlements secured after a highly lengthy process Positioned for strong absorption post 2026 Flat topography Excellent Frontage and Close to famed Old Town Temecula

Location

State CA

County Riverside

Direction Jefferson between Del Rio and Rancho California Rd.

Interior

Fireplace No

Exterior

View Y/N No

Present Use Unimproved

Others

Senior Community No

Tax ID 921060058

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

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Listed by Chris Lee, DRE#02107257 Pacific Sotheby's Int'l Realty
Co-listed byAlice Schroeder • Pacific Sotheby's Int'l Realty

Nearby School & Business

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Nicole Hazelton-Meacham

+1(619) 206-1892

Broker Associate License ID: 01819363

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28170 Jefferson Temecula, CA 92590

Nicole Hazelton-Meacham

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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