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OFF-MARKET
Specialty properties

202 Redlands Ave Perris, CA 92571

1.17 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.17-acre parcel in Perris, California, presents a fully entitled opportunity for a prototype express car wash development. Located at 202 Redlands Avenue, 92571, this property boasts a prime location with excellent visibility and accessibility. The site is designed for a 140-foot tunnel car wash featuring 21 vacuum stations, ensuring high capacity and efficient operation. Its strategic position offers significant advantages, including a caddy corner location to the future Perris Valley Towne Center, a major anchored retail shopping center, guaranteeing high traffic flow and customer exposure. The property's prominent positioning along Redlands Avenue ensures maximum visibility to passing vehicles, maximizing potential customer acquisition. The asking price for this ready-to-build car wash site is $1,350,000. This represents a unique investment opportunity in a rapidly growing area with strong potential for high returns. The large lot size provides ample space for future expansion or additional amenities. All necessary entitlements are in place, streamlining the development process and minimizing delays. Don't miss this chance to acquire a prime commercial property in a thriving location.

Property profile
Verified
Property type Specialty properties
Lot 1.17 ac (50,965 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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