11 months on rocket

0 Indian Ave, Perris, CA, 92571

$8,500,000

7.50 Acres
Land

Location

Image provided by Mapbox

Property Highlights

Home TypeOther
ViewNone
MLS #SW23217323
Lot Size7.50 Acres
StatusActive

About 0 Indian Ave

Prime Investment Opportunity with High Potential Cap Rate! Last stages of entitlement process and soon ready for shovels! Unlock the potential of this strategically positioned 7.5-acre parcel in Perris, CA. Currently undergoing the addition 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 Details

Property Features

Listing Office:

  • Office Name: 1st American Realty
  • Office Phone: (951) 757-1066
  • Listing Agent: Edward Quiroz

Exterior Features

Exterior Information:

  • View: None

Lot Features

Lot Information:

  • Lot: Cul-De-Sac, Irregular Lot
  • Lot Size: 7.50 Acres

Other

Directions Information:

  • Directions: I-215 // East on Ramona Express Way // North on Indian Ave. Take the Perry Ave left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $8,500,000
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Housing Market Comparison

See how this home compares to others in Perris, CA.

Med. Sold Price

$548.8K

Med. Price/SqFt

$293

Avg. Days On Market

30

# of Sold Homes

56

0 Indian Ave vs Perris

355 DAYS ON ROCKET

+325 Days

$8,500,000

+$7.9M More

KEY TAKEAWAY

This property is $7.9M more than the Median Sold Price in Perris, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #SW23217323

Listing Office:

  • Office Name: 1st American Realty
  • Office Phone: (951) 757-1066
  • Listing Agent: Edward Quiroz

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/17/2024, 11:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

We're sorry, we currently don't have sales or tax history data for this listing.

Payment Calculator

$42.4K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$25.5K

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-400659
4
/10
  • Val Verde Elementary School

  • 2656 Indian Ave

  • 0.46 miles

  • Public District Grades KG-6

school-card-donut-400660
6
/10
  • Triple Crown Elementary School

  • 530 Orange Ave

  • 1.23 miles

  • Public District Grades KG-5

school-card-donut-400661
5
/10
  • Clearwater Elementary School

  • 1640 Murrieta Rd

  • 1.72 miles

  • Public District Grades KG-6

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $62,500. The most common annual income of people living in Perris, CA is between $35k-100k. Typical family type is married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 0 Indian Ave

What is the listing price of this property?

The listing price of 0 Indian Ave property is $8,500,000.

What type of property is this?

The property 0 Indian Ave is land located in Perris, California, 92571.

Is this property for sale now?

Active Listing: 0 Indian Ave is For Sale (Active/New) which means the seller is accepting offers.

How much acreage is this property?

The property 0 Indian Ave is 7.50 acres.
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Rocket HomesCaliforniaRiverside CountyPerris925710 Indian Ave

This home is located at 0 Indian Ave in Perris, CA and zip code 92571 in the Perris Business Park neighborhood. This home sits on a 7.50 acre lot. It has been listed on Rocket Homes since November 28, 2023 and is currently priced at $8,500,000.

Over 28 listings were sold over their listed price in October 2024 in Perris, CA. In the same period over 10 listings were sold below the listed price and 18 listings were sold for the listed price. The number of homes for sale in Perris, CA increased by 0.9% between September 2024 and October 2024. Listings spent 30 days on the market in October 2024, and had a median list price of $548,833 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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