Active
0 Indian Avenue
Perris CA, 92571
$8,500,000
$26.02 per sqft
Active
7.5 Acres
Land
Listed by Edward Quiroz with 1st American Realty 951-757-1066
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.
SW23217323
MLSⓇ ID
November 28, 2023
Listed
December 5, 2024
Updated
Map
0 Indian Avenue
Perris CA, 92571
Exterior/Building Features
Lot Size
7.5 Acres
Lot Features
6-10 Units/Acre, Cul-De-Sac, Irregular Lot, Lot Over 40000 Sqft
Sewer
None
Other Property Details
Area Name
SRCAR - Southwest Riverside County
Days on Market
301
Garage
No
View
No
View Description
None
County
Riverside
Water Source
None
Pool
No
Zoning
Light Commercial
Listing History
Date | Event | Price |
|---|---|---|
6/4/2024 | Price change | $8,500,000 -6% |
5/29/2024 | Price change | $9,000,000 -6% |
3/20/2024 | Price change | $9,500,000 -5% |
11/28/2023 | Price change | $10,000,000 900% |
Listing Contact: 800-228-5575
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 12/5/2024 at 1:37 AM UTC