available sep 24
license info: Pat O’Brien – Bkr #00484418
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….. Builder/Investor/Farmer/Rancher… Buy, Lease or Joint Venture !!!… This “flat” 8 acre parcel is zoned for 8 “one acre” building sites… This “out of area” owner needs to move this “8 acres” ASAP so it is priced to at just $398,000 ($49,750 for each one acre building site)… This “8 acre” parcel and the adjoining “30 acre” parcel were a former “38 acre” landscape nursery… The seller will discount the price per acre on the sale of all 38 acres… At just $988,000 for 38 acres makes it just $26,000 for each “one acre” building site… As a price comparison, there are several nearby vacant lots (about 9 acres each) priced over “$1 million each” (these listings provided upon request)… WOW!!!
….. Great Seller Financing !!!… This “motivated seller” will now finance the “8 acre” sale at $398,000 with just a $98,000 (25%) 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…. He will finance the “38 acres” at $988,000 with just a $198,000 (20%) down payment. He will carry the $790,000 balance as a loan (no bank qualifying) at just 2% interest only payments of $1,317 monthly… The 38 acre owner, which is “Rancho Verde Estates, LLC”, will also consider a “Joint Venture” with a qualified builder… WOW !!!
….. Flexible County Zoning !!!… These prime development parcels have the very attractive Riverside County zoning of “RA-1”. This means “Residential Agricultural” with the minimum lot size of “one acre”… This zoning makes it easy to divide the land into “one acre” building lots. The County will permit building two houses (a main and guest house) on each 1 acre lot… The zoning permits raising 16 horses (or any combination of most domestic animals) on the “8 acres” or 76 large animals on the “38 acres”… This land actually “owns” the valuable “water rights” for access to an unlimited supply of “free well water” for housing, ranching and/or farming… The “38 acres” already has a newer EMWD district water meter, Edison power and even a water well “on site”… It cost almost the same to connect each lot to the exiting district water as the cost to install water wells for free building lot… With an unlimited supply of “free well water” there is the option to earn huge yearly incomes from farming all or part this “former nursery” with “cash crops” like “organic produce”, lavender flowers, etc… One “lavender farmer” earns a gross income of over “1 million” each year on just a “7 acre” lot… WOW !!!
….. Prime Location !!!… This is a rural land is where “wild burros” still roam freely. It already has custom “1 acre” homes on two sides… It is located at the newer community of “Rancho Belago” in the booming east of Moreno Valley… Our parcels are just 3 miles down the 60 Freeway on ramp at the Moreno Beach Drive commercial center. This center has multiple “new car” dealers, a Walmart Super Store, restaurants and stores… Our land is also within about 10 minutes of the Lake Perris Recreation areas and several hospitals… To the east of this commercial center, the massive “World Logistics center” already has several “million square foot” warehouses operating. The Center will eventually be the size of 700 football fields and ad 20,000 new jobs to this area… The “Karma Automotive” corporation purchased land on nearby Perris Blvd. to build a huge plant. They will manufacture “luxury” electric cars to compete with the incredible “Tesla” cars built in Fremont, CA… All these nearby employers will be an excellent source of doctors and other affluent professionals that may want to buy a “1 acre” equestrian estate near work… Most of the nearby “new home” projects are sold out with a waiting list for new phases… WOW !!!
…. Broker Contact !!!… If interested and qualified contact the Broker (Patrick) ASAP for more information… He will email 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 home… WOW !!!
- do NOT contact me with unsolicited services or offers