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Property profile & analytics
OFF-MARKET
Retail space

378 4th St Perris, CA 92570-2013

1,821 SF 0.19 ac lot Built 2023
Individually Owned 4-yr Hold Absentee Owner Free & Clear
Property ID
US09-3568396
Property summary
AI-generated overview

This exceptional new construction mixed-use building, located at 378 4th Street in Perris, CA, presents a unique investment opportunity. Situated on a highly visible, signalized corner lot in the burgeoning Downtown Perris area, this property boasts impressive daily traffic counts, with an estimated 35,000 vehicles passing by. The 1,878 square foot building offers versatile space ideal for a variety of commercial uses, including retail, office, or food service establishments. The flexible layout allows for owner-occupancy with rental income potential from additional spaces. The 0.19-acre lot provides ample space, including 12 parking spaces, ensuring convenient access for customers and employees. This prime location offers unparalleled exposure and significant growth potential in a rapidly developing area. The building's new construction status ensures modern amenities and efficient operation. Don't miss this chance to own a thriving commercial property in a high-demand location. The asking price is $1,250,000. The lot size is 8,276 square feet.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2023
Construction WOOD
Total area 1,821 SF
Lot 0.19 ac (8,276 SF)
Zoning code R1
APN 313-131-026
UPID US09-3568396
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
Current use
Occupant on record · Public records
  • Rocket Portable Toilet Rentals Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Celia Chavez Vda De Gomez · 4 yrs held
Celia Chavez Vda De Gomez
since 2021
Last sale
$85,000
7 recorded transactions
2021
Price N/A
2020
Price N/A
2017
$85,000
2017
Price N/A
2017
Price N/A
2012
Price N/A
2010
Price N/A
Zoning & alternative use
R1 · Perris, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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