




$200,000
Est. $1,120/mo0 Palm Avenue, Nuevo, CA 92567
About this home
Seize a rare opportunity to own a prime 0.70-acre vacant commercial lot (buyer to verify), zoned Mixed Use, strategically located at the high-traffic intersection of Lakeview and Reservoir Avenues in the thriving community of Nuevo, CA. With frontage on both Reservoir and Lakeview Avenues, directly behind a Valero gas station and steps from Ramona Expressway (State Route 79), this flat, developable site enjoys exceptional visibility, boasting a daily traffic count exceeding 40,000 vehicles (per Riverside County traffic studies).This property offers paved street access with all utilities readily available at the road, making it a blank canvas for a variety of commercial ventures. Permitted uses (buyer to verify with Riverside County) include service stations, car washes, automotive services, fast food, restaurants, retail, medical centers, nurseries, RV/boat storage, car dealerships, and more. Located less than a mile from the approved “Villages of Lakeview” master-planned community, which will bring 8,750 homes to the area, this lot is perfectly positioned to capitalize on the region’s tremendous planned commercial and industrial growth. With very few commercial parcels available in this up-and-coming area, this property is an ideal investment for developers and businesses looking to establish a foothold in a rapidly expanding market. Contact us today for the plat map, a full list of permitted uses, and to explore this unparalleled development opportunity! 4 other parcels available for sale separately.
infoProperty Facts
Lot Size
30,492 sqft
Days on Market
135
HOA Fee
N/A
MLS #
SW25243623
chairInterior Details
garageParking
deckExterior & Lot
Lot & Grounds
Lot Features
Zero To One Unit Acre, Irregular Lot
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Rural
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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