0 Indian Avenue
Perris, CA 92571
$7,500,000.00 (+750%)
Active for $8,500,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 326,700 sqft
MLS | SW23217323 |
Year Built | |
Property Type | |
County | Riverside |
Status | Active |
Active | $8,500,000 |
Structure Size | N/A sqft |
Lot Size | 326,700 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Edward Quiroz, 1st American Realty . *Based on information from the Association of REALTORS/Multiple Listing as of 11/13/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.