Property profile

19587 Patterson Ave Perris, CA 92570

OFF-MARKET
Land
5.26 ac lot
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Property summary

AI-generated overview

This exceptional 5.26-acre parcel of land in Perris, California, presents a prime opportunity for industrial development. Located at 19587 Patterson Ave, 92570, within Riverside County, this property boasts fully entitled permits for the construction of a +/- 104,071 square foot industrial distribution building. The property's zoning designation, M-SC, allows for short-term industrial outdoor storage (IOS) use, adding to its versatility and potential return on investment. The APN numbers are 317-140-016 & 317-140-047. This site is strategically positioned to benefit from its location in Perris, offering excellent access to major transportation arteries, making it an attractive location for businesses seeking efficient logistics and distribution capabilities. The property's "Permit Ready" status significantly reduces development timelines and associated costs, representing a compelling advantage for prospective buyers. This fully entitled land presents a rare opportunity to capitalize on the growing demand for industrial space in this thriving Southern California market. Don't miss this chance to acquire a ready-to-develop industrial site in a prime location. The property is situated at latitude 33.8356557 and longitude -117.2530445.

Property profile

Verified
Property type Land
Lot 5.26 ac (229,126 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

19587 Patterson Ave Perris, CA 92570
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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