5 Ac Sharp Rd Perris, CA 92570
This exceptional 5-acre parcel of vacant land presents a unique investment opportunity in the desirable Mead Valley Planning Area of Riverside County, California. Situated on Sharp Road, this property boasts convenient access to major transportation arteries, including Highway 74, I-15, and I-215 freeways, ensuring seamless connectivity to surrounding areas. The land is located approximately 3,800 feet west of Highway 74. The surrounding area is characterized by a mix of rural residential homes and agricultural operations, providing a tranquil yet accessible setting. This property is zoned for residential development and includes various existing improvements, making it ideally suited for new home construction. The legal description encompasses a single parcel totaling approximately 5 acres. The property's address is 5 Ac Sharp Road, Perris, CA 92570. Its precise location is 33.7535756 latitude and -117.2830046 longitude. This offering presents a compelling opportunity for developers and investors seeking a well-located, build-ready land parcel in a growing area of Riverside County. The asking price for this exceptional property is $300,000.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.