Open House 12/14 1pm - 4pm
0 Palm Avenue
Nuevo, CA, 92567 $ 225,000
Baths0.0 Monthly Estimate*
$ 1,404
Listed by The Real Estate Firm
Studio for $225,000. The lot size is 0.74.
Seize a rare opportunity to own a prime 0.74-acre vacant commercial lot (buyer to verify), zoned Mixed Use, strategically located at the high-traffic intersection of Lakeview and Reservoir Avenues in the thriving community of Nuevo, CA. With frontage on both Reservoir and Lakeview Avenues, directly behind a Valero gas station and steps from Ramona Expressway (State Route 79), this flat, developable site enjoys exceptional visibility, boasting a daily traffic count exceeding 40,000 vehicles (per Riverside County traffic studies).This property offers paved street access with all utilities readily available at the road, making it a blank canvas for a variety of commercial ventures. Permitted uses (buyer to verify with Riverside County) include service stations, car washes, automotive services, fast food, restaurants, retail, medical centers, nurseries, RV/boat storage, car dealerships, and more. Located less than a mile from the approved “Villages of Lakeview” master-planned community, which will bring 8,750 homes to the area, this lot is perfectly positioned to capitalize on the region’s tremendous planned commercial and industrial growth. With very few commercial parcels available in this up-and-coming area, this property is an ideal investment for developers and businesses looking to establish a foothold in a rapidly expanding market. Contact us today for the plat map, a full list of permitted uses, and to explore this unparalleled development opportunity! 4 other parcels available for sale separately.
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Open House
12/14/2025 1:00 PM - 4:00 PM
* Some states or local ordinances may prohibit Open Houses at this time, please confirm with your Weichert agent or local rep to confirm
FeaturesGeneralSewer None
Utilities Sewer Not Available
Zoning MU
HOA Fee 0
View Mountain(s)
Community Features Rural
County Riverside
New Construction false
Property Type Land
HOA false
Special Listing Conditions Standard
Status Active
Directions 215 FWY TO RAMONA EXPWY TO LAKEVIEW to Palm Ave. Corner of Lakeview Avenue and Reservoir Avenue at intersection of Ramona Expressway (SR79). Property is adjacent Valero gas station
City Nuevo
Senior Community Y/N false
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Acres
Lot Size Square Feet 32234.4
Listing Terms Cash Cash to New Loan Submit
Land Lease Y/N false
Additional Parcels Y/N false
Standard Status Active
Tax Lot 3
Virtual Tour https://youtu.be/BW58voh9yes
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ExteriorLot Features 0-1 Unit/Acre Irregular Lot
Water Source Public
Lot Size Area 0.74
Lot Size Acres 0.74
Road Surface Type Paved
Lot Size Source Owner
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* Excluded FeaturesList ByThe Real Estate FirmBroker
Affordability Calculator
- Monthly Principal & Interest
- $1,404
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Nuevo, CA
Average List Price $352,100
Percent of Sale Price 56%
About Nuevo, CA 6,004 Population
33% Since 2002
$ 46,623 Median Income
34.26 Median Age
42% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/24/2025 | $225,000 | | Listed Price |