675 Nance St Perris, CA 92571
- Warehouses
- 110,681 SF
- 5.00 lot acres
Current Use by Public Records
- Warehouses
Property Details for 675 Nance St
- Year built
- 2023
- Construction
- TILT-UP CONCRETE
- Lot size
- 5.00 lot acres
- Property size
- 110,681 SF
- Zone code
- A15
- Property type
- Warehouses
- APN
- 302-030-010
- APU
- 302030010
Description
This expansive 110,529-square-foot warehouse, located at 675 W. Nance Street in Perris, California, presents a significant opportunity for businesses seeking ample space and strategic positioning. Situated on a 5.1-acre lot in Riverside County, this single-tenant property boasts a two-story design with a substantial 30-foot ceiling height, providing exceptional vertical storage capacity. The building features 15 dock-high doors, facilitating efficient loading and unloading operations. With 44 total parking spaces, ample room is available for employees and visitors. The property is currently vacant and ready for immediate occupancy. Power is supplied by a robust 1200 AMP system, ensuring sufficient energy for demanding operations. The property is classified as both retail and industrial, offering flexibility for a variety of uses. Its location in Perris, CA, zip code 92571, provides convenient access to major transportation arteries, making it an attractive option for distribution and logistics companies. This exceptional warehouse offers a rare combination of size, functionality, and location, making it an ideal choice for businesses seeking to expand or relocate. The property is available for lease.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,150,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,755,000
- 6.5%
- $1,785,000
- 7%
- $2,010,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,945,000
- Geo Method
- $2,025,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,305,000
- Retail
- $1,955,000
- Mixed-Use
- $1,850,000
- Hospitality
- $2,045,000
- Educational
- $1,780,000
- Residential Income
- $1,910,000
- Energy
- $2,285,000
- Income-Based Land
- $2,120,000
- Food Service
- $2,120,000
Location Insight
- Map
- Local Demand
- City
- Perris
- County
- Riverside
- State
- California
- Longitude
- -117.243
- Latitude
- 33.8545
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
