Listing by: Edward Quiroz, 1st American Realty, 951-757-1066

0 Beds

n/a Full bath

n/a SqFt

Active

Prime Investment Opportunity with High Potential Cap Rate! Last stages of entitlement process and soon ready for shovels! 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 Details
Price $8,500,000
Lot Size Area 326700
Lot Size Area Units Square Feet
Acres 7.5
Property Type Land
Features None
Exterior Features Street Lights
View None
Lot Description 6-10 Units/Acre,Cul-De-Sac,Lot Over 40000 Sqft,Irregular Lot
Association Fee 0
Geographic Data
Directions I-215 // East on Ramona Express Way // North on Indian Ave. Take the Perry Ave left.
County Riverside
Latitude 33.846875
Longitude -117.231591
Market Area SRCAR - Southwest Riverside County
Address Information
Address 0 Indian Avenue, Perris, CA 92571
Postal Code 92571
City Perris
State CA
Country United States
Listing Information
Listing Office 1st American Realty
Listing Agent Edward Quiroz
Listing Agent Phone 951-757-1066
Attribution Contact 951-757-1066
Compensation Disclaimer The offer of compensation is made only to participants of the MLS where the listing is filed.
Special listing conditions Standard
Ownership None
MLS Information
Days on market 201
MLS Status Active
Listing Date Nov 28, 2023
Listing Last Modified Aug 20, 2024
Tax ID 302060044
MLS Area SRCAR - Southwest Riverside County
MLS # SW23217323

This information is believed to be accurate, but without any warranty.
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