378 4th St Perris, CA 92570-2013
This exceptional new construction mixed-use building, located at 378 4th Street in Perris, CA, presents a unique investment opportunity. Situated on a highly visible, signalized corner lot in the burgeoning Downtown Perris area, this property boasts impressive daily traffic counts, with an estimated 35,000 vehicles passing by. The 1,878 square foot building offers versatile space ideal for a variety of commercial uses, including retail, office, or food service establishments. The flexible layout allows for owner-occupancy with rental income potential from additional spaces. The 0.19-acre lot provides ample space, including 12 parking spaces, ensuring convenient access for customers and employees. This prime location offers unparalleled exposure and significant growth potential in a rapidly developing area. The building's new construction status ensures modern amenities and efficient operation. Don't miss this chance to own a thriving commercial property in a high-demand location. The asking price is $1,250,000. The lot size is 8,276 square feet.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
R1 · Perris, CAPerris. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.