24000 Nuevo Road, Perris, CA 92570

This 5.3-acre property in Riverside County, bordering Perris, is located in an Opportunity Zone, approximately half a mile from the I-215 interchange. The property consists of three contiguous parcels. 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. The area around Nuevo Road and Webster Avenue is rapidly developing with commercial and industrial projects. The Perris Gateway Distribution Facility, under construction on 42 acres near I-215, is scheduled for completion by August 2025, and will include 855,330 square feet of warehouse space and 27,000 square feet 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.