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Level Industrial Land
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For Sale
$5,999,999

Water st. & Tobacco st. Road, Perris, CA 92570

Land, Perris, CA

Property SizeContact for details
Lot Size4.54 Acres
Days on Market3

Property Features for Water st. & Tobacco st. Road

General Information

Property type Land
Property subtype Other
Zoning I-P
Zoning description Industrial Park
Lot features Lot Over 40000 Sqft, Corner Lot, Level
View Valley
Directions From I-215, exit Ramona Expressway and head west. Turn left (south) onto Lakeview Ave, then right (west) onto Water Ave. Continue on Water Ave to Tobacco Rd. Property is located at the southwest corner of Water Ave and Tobacco Rd.
Subdivision 699 - Not Defined
Standard status Active
APN 317270002
Lot size 4.54 Acres
Listing Agency: T.N.G. Real Estate Consultants
Listed By: Ranjit Singhota · License #02070253
Added: Sep 14 Changed: Sep 15 Last Checked: Sep 16 at 6:06PM
MLS# OC26202233

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 4.54-acre industrial land parcel contains 197,762 square feet at the southwest corner of Water Ave and Tobacco Rd in Perris’s Mead Valley area. The site has a level layout and is zoned Industrial Park (I-P), supporting evaluation for industrial, warehouse, storage, or commercial development, subject to Riverside County approval.

Surrounding mountain views add context to the property, while the corner position provides access from two named roads. Buyers are responsible for verifying zoning, land use, utilities, and development potential with Riverside County Planning. The property is identified by APN 317-270-002.

Key Highlights

  • 4.54‑acre industrial land parcel
  • 197,762‑square‑foot site
  • I‑P zoning designation

Property Analytics

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Open Analytics

Current Use

Industrial land

Location Intelligence

Trade Area within ½ mile

4
Businesses Nearby

Demographics for 92570, CA

59,015
Population
15,590
Households
3.8
Avg Household Size
32
Median Age
10%
College-Educated
68%
High-School Grad
106.3 sq mi
ZIP Area
555
Density / Sq Mi
$77,570
Median Household Income
$34,671
Median Earnings
$1,461
Median Rent
$419,800
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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Industrial land - Level corner parcel with I-P zoning and surrounding mountain views.
Where is this industrial land located?
The property is located at Water st. & Tobacco st. Road Perris, CA.
What is the asking price?
The asking price for this property is $5,999,999.
What are key features of this property?
This property features: 4.54‑acre industrial land parcel; 197,762‑square‑foot site; I‑P zoning designation
More about this property
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