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    24881 State Hwy 74 Perris, CA 92570-7539
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    Property profile & analytics

    24881 State Hwy 74, Perris, CA 92570-7539

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    • Manufacturing properties
    • 7,500 SF
    • 1.97 lot acres
    Off-Market
    Last Sale Sep 18, 2024
    $1,200,000
    Property ID
    US09-6686202
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,235,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 24881 State Hwy 74

    Year built
    1973
    Construction
    WOOD
    Lot size
    1.97 lot acres
    Zone code
    RR
    Property type
    Manufacturing properties
    APN
    342-120-054
    APU
    342120054

    Description

    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.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,600,000
      6.5%
      $1,475,000
      7%
      $1,370,000
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,053,000
      Market price range: $156k - $1.05M
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,575,000
      Current use
      MEDICAL BUILDING
      $2,050,000
      Change: +30% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.27
    Latitude
    33.7608
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $39,757
    $860,000
    $2,640,000
    $3,500,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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