Description
This parcel of approximately 25.86 acres represents a unique investment opportunity. With Multi-Use Zoning and an ideal location, this property is perfectly positioned for future growth. The terrain is flat with a southern slope, offering excellent developmental potential. This lot is right off Ramona Expressway, which will be further expanded with additional interchanges starting in Spring 2025, is expected to become a major thoroughfare. This development aligns with projections indicating that the Inland Empire will be one of the fastest-growing regions in the country. Prospective investors are encouraged to consider this property before surrounding developments drive up prices (see specific plan map). Currently, market conditions indicate that properties in this area are scarce, adding to the attractiveness of this investment. Recent transactions include KB Homes' land purchase nearby and a sale valued at $11 million in this vicinity. The site benefits from a water line along Ramona Expressway, with planned extensions down Pozos Road. Nearby developments, such as the Stoneridge Specific Plan, are nearing approval stages (see www.stoneridgenuevo.com for more details). Additionally, the World Logistics Center is resuming construction, promising thousands of new jobs in the region (see www.theworldlogisticscenter.com for further information). This property offers significant potential and is competitively priced for a quick sale. Do not miss this rare opportunity to invest in a rapidly developing area!
Details
| MLS # | IV26031340 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 208 |
| Listing Provided By | UNITED CALIFORNIA REALTY | SCOTT LOGAN |
Features
| Zoning | MU |
|---|---|
| Acreage | 25.86 |
| Property View | Yes |
Exterior
| Lot Features | Lot Over40000Sqft, Rectangular Lot, Value In Land |
|---|
Utilities
| Utilities | None, Water Not Available |
|---|
Location
| Community Features | Suburban |
|---|
Taxes
| Property | 7392 |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Perris |
| Zip Code | 92567 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92567) | |
Price: $744,900 low | high Med: $634,500 On site: 208 low | high Med: 56.5 | |
Market Activity 92567
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Perris |
| Zip Code | 92567 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92567) | |
Price: $744,900 low | high Med: $634,500 On site: 208 low | high Med: 56.5 | |
