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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!
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County Riverside
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MLS number: LG25069517
Listing agent: Mark Kojac #00823998
Listing broker: First Team Real Estate (949) 539-0824
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.   [source]
Last update: Tuesday, April 22 2025 at 3:35 p.m. EDT
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