• Indian Avenue Perris, CA 92571

  • $9,500,000
  • 0
    Sq Ft
  • 326700
    Sqft
  • Listed By: Edward Quiroz, 1st American Realty, DRE #01405119
  • Source: CRMLS

Price Reduced! Prime Investment Opportunity with High Potential Cap Rate! Unlock the potential of this strategically positioned 7.5-acre parcel in Perris, CA. Currently undergoing the addition of a Conditional Use Permit (CUP) for a Truck Parking Terminal, this light industrial zoned property is poised to deliver a remarkable 7.5% potential cap rate. Strategically nestled amidst industry giants like Amazon and Lowes, this property offers an exceptional opportunity to tap into the burgeoning logistics sector. With plans for a Truck Parking Terminal accommodating up to 231 trailer parking spaces, seize the chance to be at the forefront of this rapidly developing area. Enjoy seamless connectivity to major transportation arteries, including I-215, I-60, I-10 & I-15 Freeways, ensuring effortless access for transportation and logistics operations. Don't let this opportunity slip away. Act swiftly to explore potential incentives for a prompt closing. Secure your position in this thriving market today and pave the way for a prosperous future. Contact us now to learn more and make this investment yours.

Property Type :

Land

County :

Riverside

Style :

Land

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Property Details

 

Water/Sewer

Water Source : None

Sewer : None

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 7.5

Lot Size Source: Estimated

Lot Size Square Feet: 326700

Listing Price Information

Original List Price: 9,500,000

Listing Contract Date: 2023-11-21

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 302060044

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: SRCAR - Southwest Riverside County

Directions: I-215 // East on Ramona Express Way // North on Indian Ave. Take the Perry Ave left.

Zoning: Light Commercial

Source Property Type: Land

Area: SRCAR - Southwest Riverside County

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Nuevo Rd, Perris, CA,92571 $2,500,000 -- -- -- 1351231.2 Sqft
W Perry, Perris, CA,92571 $1,400,000 -- -- -- 41382 Sqft
350 E San Jacinto Ave #.., Perris, CA,92571 $219,995 3 2 1,326 --
El Nido Avenue, Perris, CA,92571 $1,460,000 -- -- -- 421660.8 Sqft
1890 Willowbrook Lane, Perris, CA,92571 $529,000 4 2 2,028 7405 Sqft
3344 Milkweed Lane, Perris, CA,92571 $575,000 4 2 2,464 6098 Sqft
3354 Evening Mist Lane, Perris, CA,92571 $410,000 3 2 1,573 --
335 Mildred Street, Perris, CA,92571 $559,899 5 3 2,360 3920 Sqft
1888 Havasu Street, Perris, CA,92571 $515,900 3 2 1,449 5227 Sqft
Dunlap Drive, Perris, CA,92571 $900,000 -- -- -- 217800 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/10/2024 @ 06:08

MLS: SW23217323
LISTED BY: Edward Quiroz, 1st American Realty
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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