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
Measurements
- Acres7.5
Construction Details
- Property TypePurchase
Utilities / Energy Details
- Utility FeaturesNone, SewerNotAvailable, WaterNotAvailable
Community and Neighborhood Details
- CountyRiverside
Financial Details
- Original List Price$1,000,000
Other
- MLS #SW23217323
Location
Legal
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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.