Perris, CA 92571,0 Indian AVE
Perris, CA 92571,0 Indian AVE
Perris, CA 92571,0 Indian AVE
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$8,500,000
Est. payment /mo
7.5 Acres Lot

UPDATED:

09/30/2024 06:37 PM

Key Details

Property Type Vacant Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW23217323

HOA Y/N No

Lot Size 7.500 Acres

Property Description

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.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning Light Commercial

Interior

Fireplace No

Exterior

Community Features Street Lights

Utilities Available None, Sewer Not Available, Water Not Available

View Y/N No

View None

Building

Lot Description 6-10 Units/Acre, Cul-De-Sac, Irregular Lot, Lot Over 40000 Sqft

Sewer None

Water None

New Construction No

Others

Senior Community No

Tax ID 302060044

Acceptable Financing 1031 Exchange, Submit

Listing Terms 1031 Exchange, Submit

Special Listing Condition Standard


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California Regional MLS (CRMLS)
Listed by Edward Quiroz • 1st American Realty • 951-757-1066