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    74 And Dockery Ln Perris, CA 92570

    Sponsored
    For Lease
    Contact for pricing

    Restaurant & Retail Opportunity - Ready to Build

    Lot size:
    22,473 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 7.82-acre site in Riverside County offers unparalleled potential for drive-thru restaurants, retail establishments, or a combination thereof. The property is ideally situated with direct access to Highway 74, boasting a high daily traffic count of approximately 26,643 vehicles. This location is strategically positioned within a densely populated area, serving an underserved market. Over 21,296 residents live within a 5-minute drive, and over 28,400 reside within a 7-minute radius. The property has already undergone the entitlement process, ensuring a streamlined development path. Pads will be delivered fully prepared for immediate construction, minimizing delays and maximizing return on investment. Whether you're seeking a ground lease, build-to-suit arrangement, or outright purchase, this opportunity presents a unique chance to establish a thriving business in a high-demand location. Detailed project summaries are available upon request. This is a rare chance to capitalize on a prime retail location with exceptional access and demographics. The property is zoned for retail and is ready for immediate development. Contact us today to explore this exciting opportunity.

    Property Features for 74 And Dockery Ln

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    22,473 SF

    Unit(s) available at that property

    Space
    Retail/Restaurant #1
    Size
    6,635 SF
    Space
    Retail/Drive-Thru #4
    Size
    3,397 SF
    Space
    End Cap Drive Thru
    Size
    1,696 SF
    Space
    Retail/Restaurant #2
    Size
    6,635 SF
    Space
    Retail/Drive-Thru #3
    Size
    4,110 SF

    HighLights

    • 7.82‑acre parcel available for ground lease, build‑to‑suit, or sale.
    • Drive‑thru, restaurant, and retail opportunities available.
    • Property is fully entitled for retail development; pads will be delivered ready for construction.
    • Excellent highway visibility and access via Highway 74, boasting approximately 26,643 cars per day.
    • Underserved trade area with over 21,296 residents within a 5‑minute drive and over 28,400 within 7 minutes.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Map

    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.24652699902
    Latitude
    33.776308909053

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    FAQs

    What type of property is this?
    Individual retail property - Restaurant & Retail Opportunity - Ready to Build
    Where is this individual retail property located?
    The property is located at 74 And Dockery Ln Perris, CA.
    What are key features of this property?
    This property features: 7.82-acre parcel available for ground lease, build-to-suit, or sale.; Drive-thru, restaurant, and retail opportunities available.; Property is fully entitled for retail development; pads will be delivered ready for construction.
    Request Owner's contact information
    74 And Dockery Ln 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
    74 And Dockery Ln Perris, CA 92570
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