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    378 4Th St Perris, CA 92570

    Sponsored
    For Sale
    $1,250,000

    Prime Perris location, new construction, high traffic.

    Property size:
    1,878 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional new commercial building in Perris, California, presents a lucrative investment opportunity. Located at 378 W 4th Street, this 1,878 square foot property sits on an 8,276 square foot lot in the burgeoning Downtown Perris area. The building is ideally suited for a variety of uses, including retail, office space, food service establishments, or a mixed-use configuration. Its strategic placement on a busy, signalized corner lot ensures maximum visibility and exposure to a high volume of traffic—an estimated 35,000 vehicles daily. The property boasts twelve convenient parking spaces for customers and employees. This is a rare chance to acquire a brand-new, versatile commercial space in a rapidly growing California city. The asking price is $1,250,000. The property is classified as Special Purpose, Land, and is categorized as Commercial, Other. The property's address is 378 W 4th Street, Perris, CA 92570. This is a turnkey opportunity for an investor seeking a high-return investment in a thriving commercial market.

    Property Features for 378 4Th St

    General Information

    Property type
    Land
    Square Feet
    1,878 SF

    HighLights

    • $1,250,000 asking price.
    • 1,878 square foot commercial building on an 8,276 square foot lot.
    • Located at 378 W 4th Street, Perris, CA 92570.
    • New construction suitable for retail, office, food service, or mixed‑use.
    • High visibility corner lot with significant daily traffic.
    Property Profile Location Intelligence

    Current Use by Public Records

    Rocket Portable Toilet ... Portable Toilet Supplier

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.234294
    Latitude
    33.7825382

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    FAQs

    What type of property is this?
    Land - Prime Perris location, new construction, high traffic.
    Where is this land located?
    The property is located at 378 4Th St Perris, CA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price.; 1,878 square foot commercial building on an 8,276 square foot lot.; Located at 378 W 4th Street, Perris, CA 92570.
    Request Owner's contact information
    378 4Th St Perris, CA 92570
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    Perris, CA 92570
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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
    378 4Th St Perris, CA 92570
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