Property profile

24183 Hwy Perris, CA 92570

OFF-MARKET
Mixed-use properties
614 SF 0.29 ac lot
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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

Location

24183 Hwy 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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