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    Swc Ethanac Rd & Evans Rd Perris, CA 92585

    For Sale
    Contact for pricing

    191,610 SF Flex/Warehouse, CA

    Property size:
    191,610 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional Class A industrial property, located at the southwest corner of Ethanac Road and Evans Road in Menifee, California, presents a prime investment or owner-user opportunity. The single-story, 191,610-square-foot building sits on a 9.54-acre lot and boasts 34 loading docks with 34 dock-high doors, and a 36-foot ceiling height. Offering 186 parking spaces, the property is zoned EDC-NG and features excellent access to major transportation arteries, including Interstate 215, providing efficient connectivity to a vast regional workforce. The property's location within the Inland Empire's thriving logistics hub offers significant advantages, including low operating costs and substantial drayage savings. The area benefits from an abundant labor pool and extensive transportation infrastructure, making it an ideal location for distribution and logistics businesses. The property is available for occupancy on November 15, 2024, under a triple-net (NNN) lease. Its strategic location in Menifee, with proximity to I-215, I-15, and State Route 60, ensures seamless access to the ports of Los Angeles and Long Beach, as well as Southern California, Nevada, and Arizona. The property's location within the Inland Empire, a region experiencing robust demand, rising rental rates, and low vacancy rates, presents a compelling investment opportunity. The anticipated completion of the Ethanac Road Expressway will further enhance the property's accessibility and value. The property's APN is 331-030-013.

    Property Features for 0 Swc Ethanac Rd & Evans Rd

    General Information

    Property type
    Distribution properties
    Square Feet
    191,610 SF
    Class
    A
    Lot Size
    415,562 SF

    Building Details

    Buildings
    1
    Stories
    1

    HighLights

    • 191,610 SF Class A industrial building, Menifee, CA.
    • NNN lease, 1‑story building on a 9.54‑acre lot.
    • 34 loading docks, 34 dock‑high doors, 36' ceiling height, 186 parking spaces.
    • Located near I‑215, providing access to a major workforce.
    • Prime location in the Inland Empire's thriving logistics hub.
    Property Profile Location Intelligence

    Current Use by Public Records

    Manufacturing properties

    Map

    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.19977908345
    Latitude
    33.743133713233

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    FAQs

    What type of property is this?
    Distribution property - 191,610 SF Flex/Warehouse, CA
    Where is this distribution property located?
    The property is located at Swc Ethanac Rd & Evans Rd Perris, CA.
    What are key features of this property?
    This property features: 191,610 SF Class A industrial building, Menifee, CA.; NNN lease, 1-story building on a 9.54-acre lot.; 34 loading docks, 34 dock-high doors, 36' ceiling height, 186 parking spaces.
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    Swc Ethanac Rd & Evans Rd Perris, CA 92585
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Swc Ethanac Rd & Evans Rd Perris, CA 92585
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