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0 Indian Ave / Perry St - Parking Terminal- 7.5%+ Potential Cap Rate
7.5 Acres of Commercial Land Offered at $8,500,000 in Perris, CA 92571
Investment Highlights
- 91 Highway and Ramona Express Way / 60 Freeway
- Nearby March Air Base, including Amazon, Lowes, Home Depot and others
- Submit All Offers!
- 183 Trailer Parking Lot in planning
- Fulfillment, Logistics and Warehousing nearby
Executive Summary
Unlock the potential of this strategically positioned 7.5-acre parcel in Perris, CA. Entitlements at tail-end, of a Conditional Use Permit (CUP) for a Truck Parking Terminal, this light industrial zoned property is poised to deliver a remarkable 7.5%+ potential cap rate.
Strategically nestled amidst industry giants like Amazon and Lowes, this property offers an exceptional opportunity to tap into the burgeoning logistics sector. With plans for a Truck Parking Terminal accommodating up to 231 trailer parking spaces, seize the chance to be at the forefront of this rapidly developing area.
Enjoy seamless connectivity to major transportation arteries, including I-215, I-60, I-10 & I-15 Freeways, ensuring effortless access for transportation and logistics operations.
Don't let this opportunity slip away. Act swiftly to explore potential incentives for a prompt closing. Secure your position in this thriving market today and pave the way for a prosperous future. Contact us now to learn more and make this investment yours.
Property Facts
| Price | $8,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| Sale Conditions | 1031 Exchange | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 7.50 AC |
| Price | $8,500,000 |
| Sale Type | Investment |
| Sale Conditions | 1031 Exchange |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 7.50 AC |
1 Lot Available
Lot #3BK11BK14
| Price | $8,500,000 | Lot Size | 7.50 AC |
| Price Per AC | $1,133,333.33 |
| Price | $8,500,000 |
| Price Per AC | $1,133,333.33 |
| Lot Size | 7.50 AC |
Price Drastically Reduced! Prime Investment Opportunity with High Potential Cap Rate! Strategically positioned 7.5-acre. Entitlements at tail-end and should be completed soon, with a Conditional Use Permit (CUP) for a Truck Parking Terminal.
Description
Reduced price: Vacant Land 7.5 Acres on South Perry Street and Indian Ave just North of Ramona Express Way. Property is split by Perry Street West side approx. 5.6 acres and East side approx. 1.9 acres. Quick to close discount consideration. Entitlements almost completed and price will be increased drastically.
zoning
| Zoning Code | Light Commerical (Chaning use to Parking Terminal) |
| Light Commerical (Chaning use to Parking Terminal) |
Presented by
1st American Realty
0 Indian Ave / Perry St - Parking Terminal- 7.5%+ Potential Cap Rate
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