$8,500,000
0 Indian Avenue Perris, CA 92571
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Listed by Edward Quiroz • 1st American Realty
$8,500,000
Est. payment /mo
326,700 SqFt
UPDATED:
08/21/2024 05:56 AM
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 326,700 sqft
Price per Sqft $26
MLS Listing ID CRSW23217323
HOA Y/N No
Originating Board Datashare California Regional
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
Interior
Fireplace No
Exterior
View None
Building
Lot Description Cul-De-Sac, Irregular Lot
Water None
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