10.5 Acres of Commercial Land for Sale in Wildomar, California

1 Palomar St, Wildomar, CA 92595

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$2,500,000
10.49 acres
pending saleUnder contract

This newly minted Residential POTENTIAL Development Property is being considered for upcoming re-designated by the City of Wildomar as MDR. Medium Density Residential. GREAT POTENTIAL FOR TWO HOMES EACH ON 33 LOTS. ADU PLUS A MAIN HOME. BUILDER OPPORTUNITY FOR SALE OR RENT. Wildomar is undergoing a General Plan Amendment. We have a potential lot lay out for 29 lots. Sewer is in Wesley and we have bee told on Palomar to the west.( Buyer to investigate) Buyer to determine which location works for the property development. Electricity fronts. Water is in Palomar but not sure what side of the street or if it is large enough line to service 29-33 homes. A fault study has been done. The lots would need to be a bit larger along the rear of the property because of larger lots adjacent. So the lots on our proposed layout range from 7,000 sq feet to 10,890 sq feet. The property is gentle to flat. Perfect opportunity for homes on average to larger lots, maybe room for RV Garages or ADUs. Great opportunity for two on one or for rent development.

368-060-011. is 4.78 acres. 368-060-012 is 4.78 acres. 368-060-025 is 0.41 acres. 368-060-026 is 0.52 Acres. 10.49 Gross Acres.

Seller may desire to do a 1031 Tax Deferred Exchange. COE may be subject to finalization of GPA to MDR

Directions

Palomar St just West of Wesley.

Property details

Coordinates
33.6113, -117.2866
Zoning
RR/C1-CP
Elevation
1,266 feet
MLS Number
MRMLS SW23108050
Date Listed

Parcels

  • 368060011

This 10.49-acre property is located at 1 Palomar St in Wildomar, CA 92595 with latitude 33.6113 and longitude -117.2866. The property is currently pending sale for $2,500,000 with a price per acre of $238,322. Listing data is sourced from California Regional Multiple Listing Service # SW23108050.

Verify sale details at the property source or contact Realty ONE Group Southwest at (951) 216-2000.

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Listing checked and updated . Parcel data by Regrid.

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