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Highway 74 - 17.45-acre Vacant Land on Highway 74

17.45 Acres of Commercial Land Offered at $1,399,000 in Perris, CA 92570

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Investment Highlights

Heavy day traffic
Planned Unit Development

Commercial Development Opportunity

Executive Summary

Development Opportunity. Rural Residential zoning designated by County of Riverside. County currently is going thru a re-zoning of properties along Highway 74. Proposed re-zoning are to the east Light Industrial and to the West Commercial.Prime growing area in the county of Riverside just minutes away to Major Freeway, 15 FWY & 215 FWY. It is located off Highway 74 within Lake Elsinore Unified School District. Highway frontage span over 650 Feet with 2 point of access. Zoning allows a planned unit development and Commercial. Surrounding includes some commercial and light industrial uses focused along State Route 74, the central transportation spine within the community. Daily traffic count exceed 20,000 Vehicle per day.

MARKETING BROCHURE

Miscellaneous

Property Facts

Price	$1,399,000	Property Subtype	Commercial
Sale Type	Investment	Proposed Use	Commercial Industrial Retail Hospitality Auto Repair Auto Salvage Facility Carwash Cement or Gravel Plant Cemetery or Mausoleum Contractor Storage Yard Daycare Center Garden Center General Freestanding Hold For Development Hold For Investment Horse Stables Industrial Park Lodge or Meeting Hall Manufactured Homes or Mobile Home Park Master Planned Community Motel Office Park Open Space Parking Garage Parking Lot Religious Facility Self Storage Trailer or Camper Park Agricultural
No. Lots	1	Total Lot Size	17.45 AC
Property Type	Land	Cross Streets	Peach Street

Price	$1,399,000
Sale Type	Investment
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Industrial Retail Hospitality Auto Repair Auto Salvage Facility Carwash Cement or Gravel Plant Cemetery or Mausoleum Contractor Storage Yard Daycare Center Garden Center General Freestanding Hold For Development Hold For Investment Horse Stables Industrial Park Lodge or Meeting Hall Manufactured Homes or Mobile Home Park Master Planned Community Motel Office Park Open Space Parking Garage Parking Lot Religious Facility Self Storage Trailer or Camper Park Agricultural
Total Lot Size	17.45 AC
Cross Streets	Peach Street

1 Lot Available

Lot

Price	$1,399,000	Lot Size	17.45 AC
Price Per AC	$80,172

Price	$1,399,000
Price Per AC	$80,172
Lot Size	17.45 AC

Vacant land - Development Opportunity. Rural Residential zoning designated by County of Riverside. County currently is going thru a re-zoning of properties along Highway 74. Proposed zoning: East Light Industrial and Commercial on the West

Description

Large Parcel, 17.45 acres located on the corner of Peach St and Highway 74. Parcel is located close to freeways and Shopping. Developments continue to arise along Highway 74. Newer housing Development known as Rosetta Canyon is South of this Parcel. Current zoning is Rural Residential with in the County of Riverside. In 2005 was approved an application to subdivide lot into Commercial and MDR/MHDR but it is expired.

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