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Prime 4.2-acre development opportunity in Hemet, CA! This R3-zoned property offers medium to high-density multifamily potential and is located within a designated Opportunity Zone, providing substantial tax incentives for investors. Ideal for apartment complexes, senior living, memory care, or a mobile home park, this lot is positioned in a growing market with increasing demand for housing.
Strategically located near major roads, utilities, and community amenities, this site is primed for development. The City of Hemet supports residential expansion, making this an attractive prospect for developers looking to capitalize on the area's growth.
Key Highlights:
Zoned R3 Multifamily Medium to High Density
Opportunity Zone Significant tax benefits for investors
4.2 Acres Ideal for apartments, senior housing, memory care, residential or mobile home park