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19203 Cajalco Rd - Residential Development Opportunity

40.11 Acres of Agricultural Land Offered at $4,995,900 in Perris, CA 92570

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INVESTMENT HIGHLIGHTS

Corner Access to Wood and Cajalco
Property Can Be Subdivided

Well Water

EXECUTIVE SUMMARY

Seller has already began the process to rezone for a gas station. Could also subdivide lots into 1/2 acres for SFR. Back half of property currently being leased. Owner is also using a portion of the property for produce farming. There are currently 2 SFR that could be repaired and rented etc. Many opportunities.

PROPERTY FACTS

Price	$4,995,900	Property Subtype	Agricultural
Sale Type	Investment or Owner User	Total Lot Size	40.11 AC
No. Lots	1	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Property Type	Land

Price	$4,995,900
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Agricultural
Total Lot Size	40.11 AC
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

1 LOT AVAILABLE

Lot 1

Price	$4,995,900	Lot Size	40.11 AC
Price Per AC	$124,554.97

Price	$4,995,900
Price Per AC	$124,554.97
Lot Size	40.11 AC

Zoned Residential Agricultural 1/2. Front corner parcel has a well with pump. Back half of the property is currently being leased. Seller has already started the process to rezone for gas station use.

DESCRIPTION

Zoned Residential Agricultural 1/2. With over 1300 feet of frontage on Cajalco and Wood the possibilities are endless. Front corner parcel has a well with pump. MWD Aqueduct runs right under property so water is endless. Back half of the property is currently being leased on month to month based. Could also subdivide lots into 1/2 acres for SFR. Owner is also using a portion of the property for produce farming and chicken farming. There are currently 2 SFR that could be repaired and rented etc. Many opportunities.

1 of 1

PROPERTY TAXES

Parcel Numbers	Multiple 321-140-003 321-140-035 321-140-036 321-140-034	Improvements Assessment	$187,635
Land Assessment	$1,464,281	Total Assessment	$1,651,916