Mixed-Use Opportunity Zone
For Sale
$980,000
Pending
24000 Nuevo Rd, Perris, CA 92570
Mixed-use Opportunity Zone land made up of three contiguous parcels with nearby water and power and sewer at the second parcel frontage.
Property SizeContact for details
Lot Size5.30 Acres
Days on Market45
Property Features for 24000 Nuevo Rd
General Information
Standard status
Pending
Lot size
5.30 Acres
Property subtype
Land
Zoning
Mixed-Use
Site & Location
Highway Access
Yes
Utilities to Site
Yes
Additional Details
Opportunity Zone
Yes
Listing Agency:
eXp Realty of Greater Los Angeles
(626) 605-1840
Listed By:
Marcus Ibrahim · License #02103911
(626) 605-1840
Source:
Elliman
Added: Jul 16
Changed: Aug 28
Last Checked: Aug 14 at 7:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of eXp Realty of Greater Los Angeles
Investment Insights
Based on property information with market context.
For sale is mixed-use Opportunity Zone land totaling 5.3 acres across three contiguous parcels (305-270-030, 305-270-031, and 305-270-032). The property is positioned near the I-215 interchange, with access considerations for the I-215/CA-74 freeways and the Nuevo Road interchange.
Utilities are noted as a development advantage, with water and power located next door and sewer identified in the street in front of the second neighboring parcel. The site is described as having no Mello Roos taxes and is stated to be exempt from capital gains taxes if held over 10 years.
Permitted uses are described to include residential, parks, restaurants, retail, medical offices, and professional services. The listing also notes that, with conditional approval, additional uses may include hotels, entertainment venues, convenience stores, and mobile home parks, among others. Please review the offering materials for the full permitted-use list.
Utilities are noted as a development advantage, with water and power located next door and sewer identified in the street in front of the second neighboring parcel. The site is described as having no Mello Roos taxes and is stated to be exempt from capital gains taxes if held over 10 years.
Permitted uses are described to include residential, parks, restaurants, retail, medical offices, and professional services. The listing also notes that, with conditional approval, additional uses may include hotels, entertainment venues, convenience stores, and mobile home parks, among others. Please review the offering materials for the full permitted-use list.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
138
Businesses Nearby
Explore this area
Business Placement
Demographics for 92570, CA
59,015
Population
15,590
Households
3.8
Avg Household Size
32
Median Age
10%
College-Educated
68%
High-School Grad
106.3 sq mi
ZIP Area
555
Density / Sq Mi
$77,570
Median Household Income
$34,671
Median Earnings
$1,461
Median Rent
$419,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Commercial land - Mixed-use Opportunity Zone land made up of three contiguous parcels with nearby water and power and sewer at the second parcel frontage.
Where is this commercial land located?
The property is located at 24000 Nuevo Rd Perris, CA.
What is the asking price?
The asking price for this property is $980,000.
