Fenced Industrial Land with Two
22850 Perry St Portfolio Perris, CA 92570
For Sale
Contact for pricing
Approximately 4.33 acres of fenced industrial land with two metal buildings, including a small front office buildout and 9 grade doors.
Property Size44,175 SF
Lot Size4.33 Acres
Price / SF$292.02
Days on Market513
Property Features for 22850 Perry St Portfolio
General Information
Standard status
Active
Size
44,175 SF
Lot size
4.33 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(951) 276-3620
Listed By:
Reid Sisson · License #01981528
(951) 276-3620
Source:
Moodyscre
Added: Mar 3, 2025
Changed: Jul 28
Last Checked: Jul 29 at 11:58AM
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 Lee & Associates
Investment Insights
Based on property information with market context.
The property offers fenced industrial land improved with two metal buildings and a small front office buildout. The warehouse configuration includes 7 grade-level loading doors and 2 dock-height doors, supported by a paved parking lot.
The site is listed for sale and is located in close proximity to the 215 Fwy, supporting convenient regional access.
Ideal for industrial storage and distribution users needing multiple loading doors and dedicated off-street paved parking, the property’s current improvements provide a functional, entry-ready yard and building setup.
The site is listed for sale and is located in close proximity to the 215 Fwy, supporting convenient regional access.
Ideal for industrial storage and distribution users needing multiple loading doors and dedicated off-street paved parking, the property’s current improvements provide a functional, entry-ready yard and building setup.
Key Highlights
- Approximately 4.33 acres of fenced industrial land
- Two metal buildings on the property
- Small front office buildout
Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $551.3k | $12.48 |
| − Vacancy | −$33.1k | −$0.75 |
| EGI | $518.2k | $11.73 |
| − OpEx | −$77.7k | −$1.76 |
| NOI | $440.5k | $9.97 |
44,175 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$6.29M
$5.51M – $7.34M
NOI $440,492 @ 7.0% cap · market cap 3.41%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$13.23M
$11.58M – $15.44M
NOI $926,386 @ 7.0% cap · market cap 7.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- J & J Equipment Sales Co., Inc. — 4210 patterson ave, perris, ca 92571
- Lazy Wheels Trailer & Storage — 4715 Wade Ave, Perris, CA 92571
- Perris Lake Rv-Boat-Trailer — 1220 W Nance St, Perris, CA 92571
Frequently Asked Questions
What type of property is this?
Warehouse - Approximately 4.33 acres of fenced industrial land with two metal buildings, including a small front office buildout and 9 grade doors.
Where is this warehouse located?
The property is located at 22850 Perry St Portfolio Perris, CA.
What is the asking price?
The asking price for this property is $12,900,000.
What are key features of this property?
This property features: Approximately 4.33 acres of fenced industrial land; Two metal buildings on the property; Small front office buildout
