Description for
22060 Olivas AvenueNuevo, CA 92567
Prime development opportunity in the rapidly developing city of Nuevo! Situated on a flat corner lot with 1261 feet of frontage, over 18 acres of commercial land (CPS Zoned) and a newly renovated 2500+ square foot Ranch Style home onsite - this uniquely situated property offers endless possibilities! It also sits less than three miles away from the soon to come, Villages of Lakeview which will consist of 8,725 homes on 2883 acres and KB homes Nuevo Meadows is in the process of building another 238 homes less than two miles away. The property is also just minutes from the new 16 mile Mid County Parkway corridor which improves travel between valleys from the I-215 to Route 79. ---- The existing structure is a beautifully renovated residence with new low maintenance landscaping in the backyard, a new sprinkler/irrigation system, brand new electrical, new plumbing and water heater recently installed, new video surveillance system, network connections and more. Recent upgrades and finishes were also completed throughout the house to include paint, drywall, framing, flooring, cabinets, counter tops, appliances and other interior touches. ---- Outside there is a detached three car garage, 2 steel garage barns, city water and all utilities on site and a private well. ---- Some of the many permitted uses include; automobile parts and supply stores, banks and financial institutions, hardware stores, nurseries and garden supply stores, offices and business park, produce markets, schools, business and professional, including art, barber, beauty, dance, drama, music and swimming, gasoline service stations, convenience stores, churches; this property could also be used for commercial cannabis cultivation with a CUPthe list goes on. Schedule a visit today (BY APPOINTMENT ONLY) buyer and broker to verify all information through due diligence.
Price
$3,500,000
Riverside
4
3 Full
2,508 (approx)
SW23027099
Active
Description
Prime development opportunity in the rapidly developing city of Nuevo! Situated on a flat corner lot with 1261 feet of frontage, over 18 acres of commercial land (CPS Zoned) and a newly renovated 2500+ square foot Ranch Style home onsite - this uniquely situated property offers endless possibilities! It also sits less than three miles away from the soon to come, Villages of Lakeview which will consist of 8,725 homes on 2883 acres and KB homes Nuevo Meadows is in the process of building another 238 homes less than two miles away. The property is also just minutes from the new 16 mile Mid County Parkway corridor which improves travel between valleys from the I-215 to Route 79. ---- The existing structure is a beautifully renovated residence with new low maintenance landscaping in the backyard, a new sprinkler/irrigation system, brand new electrical, new plumbing and water heater recently installed, new video surveillance system, network connections and more. Recent upgrades and finishes were also completed throughout the house to include paint, drywall, framing, flooring, cabinets, counter tops, appliances and other interior touches. ---- Outside there is a detached three car garage, 2 steel garage barns, city water and all utilities on site and a private well. ---- Some of the many permitted uses include; automobile parts and supply stores, banks and financial institutions, hardware stores, nurseries and garden supply stores, offices and business park, produce markets, schools, business and professional, including art, barber, beauty, dance, drama, music and swimming, gasoline service stations, convenience stores, churches; this property could also be used for commercial cannabis cultivation with a CUPthe list goes on. Schedule a visit today (BY APPOINTMENT ONLY) buyer and broker to verify all information through due diligence.
Listing Information
Property Type: Single Family, Mixed Use, Ranch, Ranch, 1 Story
4
3 Full
18.3 Acres
Assessor
2,508 (approx)
1967
Yes-3 spaces
1
Brick,Wood
Slab
Public,Well
Septic Tank
Electricity Connected,Natural Gas Connected,Water Connected
Beamed Ceilings,Built-in Features,Ceiling Fan(s),Granite Counters,Wired for Data,All Bedrooms Down,Bedroom on Main Level,Jack and Jill Bath,Main Level Primary
0-1 Unit/Acre,Agricultural,Corner Lot,Rectangular Lot,Ranch,Sprinkler System
Community Features
Security System,Smoke Detector(s)
Driving Directions
I-215 to E Nuevo Road to Olivas Ave. ALTERNATE: Menifee Road to Central then go right on Olivas.
Financial Considerations
309080001
1031 Exchange
Listing Price History
Nuevo Real Estate
Nuevo is located in California.
Nuevo, California 92567 has a population of 6,072.
The median household income in Nuevo, California 92567 is
$67,309.
The median household income for the surrounding county is $70,543
compared to the national median of $66,222.
The median age of people living in Nuevo 92567 is 36 years.
Data provided below are primarily sourced from Public Records data.
Nearby Recent Sales (Sourced from Public Records)
Street Address
City
Beds
Baths
Sold Price
Sold Date
No information is available for recently sold properties within this search.