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.