28050 Ca-74 Perris, CA 92570
This exceptional 6.08-acre vacant commercial land parcel presents a unique investment opportunity in Perris, California. Located directly off Highway 74, this nearly flat property boasts 220 feet of frontage, ensuring high visibility and accessibility. Zoned C-2, the land is suitable for a wide range of commercial uses, including retail, restaurants, service businesses, and more. The property's expansive size and relatively flat terrain offer significant flexibility for development. While the sewer line is situated over 200 feet from the property, this substantial lot is well-positioned to support a variety of commercial ventures. The asking price is $1,500,000, translating to $5.66 per square foot. The property's APN is 394-400-004. Currently generating income from month-to-month tenants, this property offers immediate return potential. Directions: From Interstate 15, travel east on Highway 74 to Crumpton Road (one street east of Riverside Drive). The property is on the right. This presents a strategic location for commercial development in a rapidly growing area. The property is for sale by owner.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.