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    24003 Nuevo Rd Perris, CA 92570

    For Sale
    $600,000

    Land/Lot - Perris, CA

    Lot size:
    96,703.20 Acres
    Days on Market:
    76
    Last Refresh:
    Dec 14 at 10:06 pm

    Property Features for 24003 Nuevo Rd

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    MU
    APN
    305270032
    Exterior features
    Community Features Included: Biking, Park, Rural, Suburban
    Lot size
    96,703.20 Acres

    Building Details

    Architectural style
    Other

    eXp Realty of Greater Los Angeles, Inc (888) 652-1314 [email protected]

    Listing agent Marcus Ibrahim (888) 652-1314 License #02103911

    Listing date Sep 30, 2025

    MLS# CV25228685 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Perris Land in Opportunity Zone

    This 2.22-acre parcel is located on Nuevo Rd, east of Webster Ave in Perris, CA. Situated in an Opportunity Zone, the property is half a mile from the I-215 interchange. The mixed-use zoning allows for 60 units per acre. Water and power are located next door, and sewer access is available in the street in front of the neighboring parcel. Permitted uses include residential, parks, restaurants, retail, medical offices, and professional services. Conditional approval may allow for hotels, entertainment venues, convenience stores, and mobile home parks. The property is near Perris Plaza, which includes Walmart, ALDI, Stater Bros, In-N-Out, Chick-Fil-A, Ross, Starbucks, and Planet Fitness. Riverside County is experiencing rapid development with major commercial and industrial projects. The Perris Gateway Distribution Facility, under construction on 42 acres near I-215, is scheduled for completion by August 2025, adding 855,330 sq ft of warehouse space and 27,000 sq ft of retail, including Taco Bell, Starbucks, Shell, and Sonic. Infrastructure improvements are underway, including an $8 million upgrade to Ramona Expressway and an expansion of the Perris–South Metrolink Station, adding a second platform and a 2.7-mile track upgrade. The property is suitable for development or investment.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.243004
    Latitude
    33.801626

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    FAQs

    What type of property is this?
    Commercial land - 2.22 acre parcel near I-215 interchange, ideal for development.
    Where is this commercial land located?
    The property is located at 24003 Nuevo Rd Perris, CA.
    What is the asking price?
    The asking price for this property is $600,000.
    What are key features of this property?
    This property features: - Opportunity Zone location: Offers potential capital gains tax exemption and incentives for development.; - High-Density Zoning: Allows for 60 units per acre, maximizing development potential.; - Mixed-Use Zoning: Permits a wide range of uses including residential, retail, restaurants, medical offices, and more.
    (888) 652-1314
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    24003 Nuevo Rd Perris, CA 92570
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    Perris, CA 92570
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24003 Nuevo Rd Perris, CA 92570
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