98 Ac Blue Sky Rd Perris, CA 92570
This exceptional investment opportunity presents 98 acres of vacant land situated in Perris, California, within San Bernardino County, zip code 92570. The property, identified as 98 AC Blue Sky Road, comprises four parcels totaling approximately 98 acres in the Lake Matthews area of Riverside County. Three parcels boast frontage on Blue Sky Road, creating a roughly rectangular shape measuring approximately 2,500 feet wide and 1,200 feet long. A fourth parcel connects to parcel #321-210-052 to its northwest via Celestial Drive. The land exhibits gentle topography along Blue Sky Road, gradually transitioning to a hillside towards the northwesternmost parcel. The surrounding area features a mix of rural residential properties with larger lots and some agricultural uses. Conveniently located, the property enjoys proximity to Highway 74, approximately 4.5 miles away, providing access to both I-215 to the north and I-15 to the south. Offered at $2,200,000. This expansive tract presents significant potential for various development projects.
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
Similar Nearby for Lease
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.