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Listed by Edward Quiroz • 1st American Realty
$8,500,000
Est. payment /mo
7.5 Acres Lot
Active
0 Indian Avenue Perris, CA 92571
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UPDATED:
09/09/2024 04:48 AM
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW-23217323
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
Zoning Light Commercial
Exterior
Community Features Street Lights
Utilities Available None
View Y/N No
View None
Building
Lot Description Cul-De-Sac, Irregular Lot, Lot Over 40000 Sqft, 6-10 Units/Acre
Sewer None
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