Property profile

1210 Markham St Perris, CA 92571

OFF-MARKET
Land
0.98 ac lot
Saved · see the list in your Dashboard

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Land
Lot 0.98 ac (42,689 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1210 Markham St Perris, CA 92571
Perris metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1210 Markham St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message