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Property profile & analytics
OFF-MARKET Estimated value $1,235,000
Manufacturing properties

24881 State Hwy 74 Perris, CA 92570-7539

7,500 SF 1.97 ac lot Built 1973
Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6686202
Property summary
AI-generated overview

This exceptional industrial property, located at 24881 State Highway 74 in Perris, California, presents a significant investment opportunity. The building boasts a substantial 7,500 square feet of space, ideal for a variety of industrial uses. Situated on a generous 1.97-acre lot, the property offers ample room for expansion, storage, or outdoor operations. The asking price is $3,500,000. This property is being offered as-is. Prospective buyers are strongly encouraged to conduct their own due diligence to verify zoning regulations, permitted uses, the precise square footage, and the exact lot size. This includes, but is not limited to, obtaining necessary permits and approvals for any intended use or modifications. The information provided is believed to be accurate but is not guaranteed. All interested parties are responsible for independently verifying all aspects of the property before making an offer. This is a rare opportunity to acquire a substantial industrial property in a desirable location. Don't miss out on this chance to secure a valuable asset in a growing market. Serious inquiries only.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1973
Construction WOOD
Total area 7,500 SF
Lot 1.97 ac (85,813 SF)
Zoning code RR
APN 342-120-054
UPID US09-6686202
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.48M
Comparable Approach Comparable
$1.05M
Blend (final) Blend
$1.24M
Owner & transaction history
Limitless Capital Holdings LLC · 1 yrs held
Limitless Capital Holdings LLC
since 2024
Last sale
$1.2M
7 recorded transactions
2024
$1.2M
2024
$1.7M
2023
Price N/A
2023
$3.5M
2017
Price N/A
1993
$70,000
1969
Price N/A
Zoning & alternative use
RR · Perris, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.1M +30.3%
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