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Perris,CA 92567
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25011752
HOA Y/N No
Annual Tax Amount $7,392
Tax Year 2024
Lot Size 25.860 Acres
Property 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. The 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.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning MU
Interior
Fireplace No
Exterior
Community Features Suburban
Utilities Available None,Water Not Available
View Y/N Yes
View Hills,Mountain(s)
Present Use Unimproved
Building
Lot Description Lot Over 40000 Sqft,Rectangular Lot,Value In Land
Water None
New Construction No
Others
Senior Community No
Tax ID 308140006
Acceptable Financing Cash,1031 Exchange,Owner May Carry
Listing Terms Cash,1031 Exchange,Owner May Carry
Special Listing Condition Standard