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OFF-MARKET
Mixed-use properties

24183 Hwy Perris, CA 92570

614 SF 0.29 ac lot
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 0.29-acre mixed-use property located at 24183 Highway 74 in Perris, California, within Riverside County. The property boasts a 614 square foot existing structure situated on APN 342-061-017, complemented by an adjacent parcel identified as APN 342-061-018, both totaling 0.29 acres. The property is zoned R-R (Rural Residential) and designated as Mixed Use (MU) in the General Plan, offering considerable flexibility for a variety of commercial ventures. The asking price is $400,000. This strategic location in Perris, CA, zip code 92570, presents a unique chance to acquire a versatile property with significant development potential. The existing structure provides immediate income potential or a solid foundation for expansion. The property's mixed-use zoning allows for a range of commercial uses, subject to local regulations and approvals. Investors and entrepreneurs alike will appreciate the blend of existing improvements and future development possibilities. This is a rare opportunity to secure a foothold in a growing market. Detailed information on zoning and permitted uses is readily available upon request. Don't miss this chance to own a piece of Perris's vibrant commercial landscape.

Property profile
Verified
Property type Mixed-use properties
Total area 614 SF
Lot 0.29 ac (12,632 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
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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