1210 Markham St Perris, CA 92571
This 0.98-acre parcel in Perris, CA (APN 314-110-033), zoned Light Industrial (LI), presents a compelling investment opportunity. Priced at $1,175,000, the property offers two distinct development paths. Option one involves utilizing the land as an outdoor storage yard, leveraging existing utilities and excellent freeway access to the 215, 60, and 91 freeways. Alternatively, a build-to-suit option allows for the construction of a +/- 20,000 square foot industrial building. This potential building could include approximately 2,000-3,000 square feet of second-story mezzanine/office space, fire sprinklers, 30-32 foot clear height, two ground-level doors, two dock-high loading doors, approximately 400 amps of power, and 24 auto parking spaces. The build-to-suit project is estimated to take 18-24 months for completion. The seller is motivated and open to offers. This property is available for sale, and lease options may be considered. Potential tenants could benefit from the property's adaptability to various industrial uses. The seller may also be willing to make improvements to the property to meet specific occupant needs.
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.