available sep 12
license info: Pat O’Brien – Bkr #00484418
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….. Builder/Investor/Rancher/Farmer… Joint Venture ??? Prime “flat” 8 Acre Parcel !!!… This “out of area” owner needs to sell this parcel with it’s multiple development options ASAP… It is “Priced to Sell” at just $398,000… As a price comparison, nearby there is several vacant parcels (about 9 acres each) priced at over $1 million each (these listings provided upon request)… This rural parcel is where “wild burros” still roam freely, yet is just 3 miles from the 60 Freeway on ramp at the Moreno Beach Drive commercial shopping center. It is only about 10 minutes to the Lake Perris recreation area… It is located in the newer “Rancho Belago Community” in the booming east side of the city of Moreno Valley… Most of the nearby “new home projects” are nearly “sold out” with waiting list for new phases… WOW !!!
….. Great Seller Financing !!!… This “motivated seller” will now finance the sale with just a $98,000 down payment… He will carry the $300,000 balance as a loan (no bank qualifying, no points or fees) at 3% interest only payments of just $750 monthly… There is a possible PRICE DISCOUNT for an “all cash sale”…. WOW !!!
….. Flexible County Zoning !!!… This prime flat 8 acre parcel has the ideal zoning of “RA-1″… This is “Residential Agricultural” with the minimum lot size of “1 acre”… This zoning makes it easy divide this land into 8 “one acre” lots. Then the price is only $49,750 for each “one acre” building site… Housing pries are now 16% higher than the 2006 peak prices… This land actually owns the valuable “water rights”. This permits access to an unlimited supply of “free well water” for housing, ranching and/or farming.. The cost of each connection to the nearby EMWD district water is almost the same as the cost to install each water well for a “free water” supply… This zoning also permits raising up to 9 horses or any combination of most domestic animals on “8 acres”… With an unlimited supply of “free water”, this former nursery has the fertile soil for earning a huge income from farming “cash crops” like “organic produce”, “lavender flowers”, etc… One “lavender farmer” earns a yearly gross income of over $1 million per year on just a “7 acre” lot… WOW !!!
….. Prime Location !!!… This flat “8 acre” development parcel is at the newer upscale community of “Rancho Belago”. This area is on the east side of the city of Moreno Valley and is in the “path of growth”. It is booming with new housing, commercial development and manufacturing… Our property is just on the north side of 60 Freeway (at the Moreno Beach Drive) and zoned for higher end housing on 1/2 acre lots or larger… On the south side of the 60 freeway is existing new car dealerships, extensive commercial shopping and a number of hospitals… Also, the massive “World Logistics Center” is under development. It will eventually be the size of 700 football fields and add 20,000 new jobs to this area… The “Karma Automotive” company purchased land on nearby Perris Blvd… They will build a huge plant to manufacture “luxury” electric cars to compete with the awesome “Tesla” vehicles… All these nearby employers will be a great source of doctors and other affluent professions that may want to buy a new equestrian estate close to work… WOW !!!
….. Option to Buy All 38 Acres !!!… If you buy all 38 acres, the seller will discount the price and the interest rate.. You can buy all 38 acres for $988,000 (reduced to just $26,000 for each “1 acre” building site)… With only a $198,000 down payment, the seller will carry the $790,000 balance as a loan (no bank qualifying) at a 2% interest only payments of just $1,317 monthly… This former 38 acre nursery already has “on site” the EMWD district water meter, a water well and Edison power for easy building… WOW !!!
….. Lease or Lease/Option Possibility !!!… This “motivated seller” will also lease the 8 acre or 38 acre parcels and give an option to buy in the future… You can lease just the “8 acres” for just $960 monthly with an option to buy for $398,000 in the future. You can lease “all 38 acres” for just $100 per acre monthly with option to buy in the future for $998,000… WOW !!!
…. Broker Contact !!!… If interested and qualified, contact the Broker (Patrick) ASAP at show contact info for more information… He will email copies of the zoning requirements, the parcel maps and details on how to earn up to $500,000 in “tax free profits” from the sale of “each” custom estate… WOW !!!
- do NOT contact me with unsolicited services or offers
post id: 6303155170
posted: 2017-09-12 10:37am
updated: 2017-09-19 7:44pm