24000 Nuevo Rd, Perris, CA 92570
Opportunity Zone land allowing 60 units per acre, about half a mile from the I-215 interchange (per remarks).
Property Features for 24000 Nuevo Rd
General Information
Site & Location
Additional Details
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Investment Insights
Based on property information with market context.
Public remarks state that permitted uses include residential, parks, restaurants, retail, medical offices, and professional services. With conditional approval, additional uses may include hotels, entertainment venues, convenience stores, and mobile home parks. The seller also notes water and power next door, and sewer in the street in front of the second neighboring parcel, with no Mello Roos taxes and a capital gains exemption if held over 10 years (as stated in the remarks). Nearby shopping and dining referenced in the remarks include Perris Plaza with Walmart, ALDI, Stater Bros, In-N-Out, Chick-Fil-A, Ross, Starbucks, and Planet Fitness.
The other two contiguous parcels referenced with this offering are 305-270-031 and 305-270-032.
Key Highlights
- 1.63‑acre middle parcel on Webster Ave, north of Nuevo Rd, sold as one of three contiguous parcels
- Opportunity Zone land allowing up to 60 units per acre (per remarks)
- About 1/2 mile from the I‑215 interchange near the I‑215/CA‑74 freeways and Nuevo Road interchange (per remarks)
Property Analytics
Current Use
Lease Details
Location Intelligence
Trade Area within ½ mile
Demographics for 92570, CA