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Property profile

202 Redlands Ave Perris, CA 92571

OFF-MARKET
Specialty properties
1.17 ac lot
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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

Location

202 Redlands Ave Perris, CA 92571
Perris metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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