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Perris Industrial Warehouse For Sale
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3091 Indian Ave, Perris, CA 92571

Industrial warehouse in Perris, CA, ideal for logistics.

Property Size18,058 SF
Price / SF$260.27
Days on Market253

Property Features for 3091 Indian Ave

General Information

Standard status Active
Size 18,058 SF
Property subtype Industrial
Listing Agency: Avison Young - Inland Empire
Listed By: Cody Lerner · License #CA 01996499
Source: Crexi
Added: Jan 27 Changed: Oct 1 Last Checked: Oct 5 at 6:35PM

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 Avison Young - Inland Empire

Investment Insights

Based on property information with market context.

The property at 3091 Indian Avenue, Perris, CA, is located in the Inland Empire East, a logistics market in Southern California. It provides access to Interstate 215, with connectivity to SR-60 and SR-91. The facility is designed for industrial users or owner-users and features a warehouse layout suitable for distribution, logistics, and light manufacturing. The property size is 18058 square feet.

Key Highlights

  • Strategic location in the Inland Empire East, a premier logistics market.
  • Convenient access to Interstate 215.
  • Connectivity to SR‑60 and SR‑91.

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$180,066
Cap Rate
3.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,601,320 $3.6M
Cap Rate 7%
$2,572,371 $2.6M
Cap Rate 9%
$2,000,733 $2.0M
Market Conditions
NOI Build-Up for 18,058 SF
Gross rent
$225.4K $12.48/SF
− Vacancy
−$13.5K −$0.75/SF
EGI
$211.8K $11.73/SF
− OpEx
−$31.8K −$1.76/SF
NOI
$180.1K $9.97/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,601,320
Cap Rate 7%
$2,572,371
Cap Rate 9%
$2,000,733

Alternative Uses

Best Use
Warehouse
$2.57M
$2.25M – $3.00M (±1% cap)
NOI $180,066 @ 7.0% cap · market cap 3.83%
Second Best
Industrial
$2.12M
$1.85M – $2.47M (±1% cap)
NOI $148,289 @ 7.0% cap · market cap 3.16%
Theoretical Best
Office A
$5.41M
$4.73M – $6.31M (±1% cap)
NOI $378,691 @ 7.0% cap · market cap 8.06%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Warehouses

Suggested Use

Top Pick Law Firm Garden Center Real Estate Agency Locksmith Carpet & Flooring Store (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

247
Businesses Nearby
Well-served
Demand for This Use

Demographics for 92571, CA

59,450
Population
14,792
Households
4
Avg Household Size
29
Median Age
12%
College-Educated
70%
High-School Grad
39.1 sq mi
ZIP Area
1,520
Density / Sq Mi
$85,746
Median Household Income
$37,465
Median Earnings
$2,005
Median Rent
$430,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025
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Similar Off Market Nearby

  • StorAmerica Self Storage — 2926 N Perris Blvd, Perris, CA 92571
  • Perris Self Storage — 3010 n perris blvd, perris, ca 92571
  • Prime Storage — 3010 N Perris Blvd, Perris, CA 92571

Frequently Asked Questions

What type of property is this?
Warehouse - Industrial warehouse in Perris, CA, ideal for logistics.
Where is this warehouse located?
The property is located at 3091 Indian Ave Perris, CA.
What is the asking price?
The asking price for this property is $4,700,000.
What are key features of this property?
This property features: Strategic location in the Inland Empire East, a premier logistics market.; Convenient access to Interstate 215.; Connectivity to SR‑60 and SR‑91.
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