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Indian Ave, Perris, CA, 92571
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Indian Ave Perris, CA, 92571

$9,500,000 $500,000 Land for sale 7.50 acres

Price Reduced! Prime Investment Opportunity with High Potential Cap Rate! 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.
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Property details

326,700 sqft interior area
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None
Land area
326,700 sqft (7.50 acres)
Price per sqft
$29/sqft
Days on Verhouse
173
Address
Indian Ave, Perris, CA, 92571
City of California
Perris
County
Riverside
Previous price
$10,000,000
District
Listing
Zoning
Ligh

Open Houses

No upcoming open houses

Listed by

Edward Quiroz, 1st American Realty
Name
Edward Quiroz
License number
01405119
Brokerage company
1st American Realty
MLS #
CRSW23217323

Payment calculator

Calculate your monthly payments
Mortgage
$29,168
Taxes
$0
HOA dues
$0
$29,168 per month
Mortgage
$1,900,000 / 20%
2.28%
30 years
Your amount $29,168 / month

Lot details

TMK #302060044
Lot Description
Cul-De-Sac, Irregular Lot
Parcel #
302060044

92571 info

Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data

People living in 92571

58%
Families with children
National average: 39%
13%
Non family households
193,579
Population
$77,015
Average Income

Age & gender

Median age 28 years
More info

Commute types

93% commute by car
More info

Education level

33% have high school education
More info

Number of employees

5% work in education and healthcare
More info

Vehicles available

48% have 3 or more
More info

Vehicles by gender

48% have 3 or more
More info

Housing market insights for

$530.83k
Neighborhood average
sales price*
$528k
Neighborhood median
sales price*
141
Number
of sales*

Housing type

82% are single detacheds
More info

Rooms

35% of the houses have 4 or 5 rooms
More info

Bedrooms

53% have 2 or 3 bedrooms
More info

Owners vs Renters

65% are owners
More info
13 / 20
Above Average
15-20
10-15
5-10
1-5
Walkability according to the National Walkability Index

Utilities

No Water/Sewer, None
Utilities
No Water/Sewer, None

Location Details, Documents & Disclosures

Directions to property
I-215 // East on Ramona Express

Price history

Price Decrease Mar 20, 2024
Date Event Price $/sqft Source
Mar 20, 2024 Price Decrease $9,500,000 -5% 29.08 MLS #CRSW23217323
Nov 28, 2023 Price Increase $10,000,000 +900% 30.61 MLS #CRSW23217323
Nov 28, 2023 New Listing $1,000,000 3.06 MLS #CRSW23217323

Agent viewpoints of Indian Ave, Perris, CA, 92571

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Frequently Asked Questions about Indian Ave

What is Indian Ave?

Indian Ave is a lot of 7.50 acres (about is 326,700 sqft).

What is the full address of this Land?

Indian Ave, Perris, CA, 92571.

Tell me about the point of interest nearby

The closest grocery stores are Walmart Supercenter, 2.81 miles away and Stater Bros., 3.35 miles away.

Based on information from the bridgeMLS as of 05-18-2024. 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.

Listing last updated on: May 01, 2024
Verhouse Last checked 6 minutes ago


The closest grocery stores are Walmart Supercenter, 2.81 miles away and Stater Bros., 3.35 miles away.
The 92571 zip area has a population of 193,579, and 58% of the families have children. The median age is 28.42 years and 93% commute by car. The most popular housing type is "single detached" and 65% is owner.
Land For sale $9.5m  $500,000 Indian Ave, Perris, CA, 92571 7.50 acres Save House Remove from Saved