$649,000

Compass Commercial is pleased to present a 5.06-acre residential development opportunity located at the northwest corner of Nicolas Road and Liefer Road in Temecula, Riverside County, California. The 220,414 SF parcel is zoned VL (Low Density Residential), with single-family detached residential development permitted within the zoning district. City of Temecula development standards establish a minimum net lot area of 2.5 acres within the VL zone, along with a density range of 0.20.4 dwelling units per net acre. Accessory dwelling units are also permitted within the VL zoning district. The property offers approximately 700 feet of frontage on Nicolas Road and 250 feet on Liefer Road. The surrounding area has a median household income of $127,966 within one mile, with 10,816 residents and 3,215 households. Within three miles, the population reaches 91,642 residents across 28,820 households, with a median household income of $112,279.__________________________________*Please Contact Listing Agent For Any Additional Information.*Buyer to verify any and all accuracy of information and proposed uses with city.