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    18954 Day St Perris, CA 92570

    For Sale
    $998,000

    Residential Land, Two Parcels, $998,000

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional development opportunity in Perris, California, presents two contiguous parcels totaling [Total acreage needs to be added from the original data, if available. Otherwise, remove this sentence] acres. Located at 18954 Day St, 92570, Riverside County, this property boasts stunning mountain views and a diverse topography blending flat areas with gently rolling hills. The asking price is $998,000, and the seller prefers to sell both parcels together. This presents a unique chance for residential development, though buyers should be aware that obtaining necessary entitlements may require a lengthy escrow period. The property's location offers convenient access to [Add information about nearby amenities or infrastructure if available in the original data. Otherwise, remove this sentence]. The property is being offered as a 1031 exchange opportunity. Detailed information, including survey and other relevant documents, is available in the offering memorandum accessible via the provided link on the property website. This is an ideal investment for developers seeking a promising project with significant potential. Serious inquiries only.

    Property Features for 18954 Day St

    General Information

    Property type
    Land

    HighLights

    • Two contiguous parcels available for sale.
    • Seller prefers to sell both parcels together.
    • Property features a mix of flat and gently rolling terrain.
    • Entitlement process may result in an extended escrow period.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.27614138557
    Latitude
    33.846391772137

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    FAQs

    What type of property is this?
    Land - Residential Land, Two Parcels, $998,000
    Where is this land located?
    The property is located at 18954 Day St Perris, CA.
    What is the asking price?
    The asking price for this property is $998,000.
    What are key features of this property?
    This property features: Two contiguous parcels available for sale.; Seller prefers to sell both parcels together.; Property features a mix of flat and gently rolling terrain.
    (949) 930-6292
    Request Owner's contact information
    18954 Day 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
    18954 Day St Perris, CA 92570
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