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Property profile & analytics
OFF-MARKET
Mixed-use properties

24000 Nuevo Rd Perris, CA 92570

5.3 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 5.3-acre property in Perris, California, presents a compelling mixed-use development opportunity. Currently zoned A-1-1, allowing for light agricultural use, the property also permits versatile mixed-use projects, including potential warehouse development. Comprising three separate parcels (APN 305-270-030, 305-270-031, and 305-270-032), totaling 5.3 acres, this land offers significant potential for investors seeking a strategic location in a rapidly growing area. The property's strategic location in Perris provides convenient access to major highways and commercial centers, enhancing its appeal for a wide range of development projects. The asking price is $1,500,000. Please note that the listed street number is currently unavailable and will be assigned upon completion of any construction. Prospective buyers are strongly encouraged to conduct thorough due diligence and independent investigations before making an offer. This is a unique chance to acquire a substantial land parcel with considerable development flexibility in a thriving California market. The property is ideal for those seeking a high-return investment with significant upside potential.

Property profile
Verified
Property type Mixed-use properties
Lot 5.3 ac (230,868 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
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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