Indian Avenue
Perris, CA 92571
7.50 acres | #SW23217323
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.
Property Details
- Lot DescriptionSixToTenUnitsAcre, CulDeSac, IrregularLot, LotOver40000Sqft
- Utility FeaturesNone, SewerNotAvailable, WaterNotAvailable
- Original List Price$1,000,000
- MLS #SW23217323
- MLS #SW23217323
- CountyRiverside
- Property TypePurchase
- Cost8500000
- Property SubtypeLand
- Acres7.5
Location
Legal
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Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Edward Quiroz (#TQUIREDW)
Listing Office: 1st American Realty (#SOC302)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
