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Property profile & analytics
OFF-MARKET
Commercial real estate

27071 Citrus Ave Perris, CA 92571

18.66 ac lot
Property ID
US09-3181165
Property summary
AI-generated overview

Orange Vista Acres presents a remarkable opportunity for residential development in Perris, CA. This 18.66-acre property boasts a prime location in Riverside County, offering convenient access to Highway 215. The land is comprised of four flat lots, zoned for a significant residential build-out. Specifically, 16.7 acres are zoned R-1, allowing for the construction of approximately 54 single-family homes on 7,200 square foot lots. An additional 1.96 acres are zoned R-R, suitable for larger residential lots (approximately 20,000 square feet). The property's strategic location within the thriving Perris community, known for its family-friendly atmosphere and excellent public services, ensures strong market demand. Perris is experiencing substantial growth, with a rising population and consistent employment growth across various sectors, including retail, logistics, government, and construction. This robust market, coupled with the potential to leverage California Assembly Bill 2345 for density bonuses, makes Orange Vista Acres an exceptional investment with significant potential for substantial returns. The APN is 307-260-037-0, and the property is held in trust. This is a rare opportunity to capitalize on the burgeoning housing market in Southern California's Inland Empire. The address is 27071 Citrus Ave, Perris, CA 92571.

Property profile
Verified
Property type Commercial real estate
Lot 18.66 ac (812,830 SF)
APN 307-260-037-0
UPID US09-3181165
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
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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