Perris, CA 92570,24000 Nuevo
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$980,000
Est. payment /mo
5.3 Acres Lot

UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25225766

Lot Size 5.300 Acres

Lot Dimensions 230,868

Property Sub-Type Lots/Land

Property Description

OPPORTUNITY ZONE 1/2 mile from the I-215 interchange ALLOWS 60 UNITS PER ACRE! WATCH aerial video! This is a timely opportunity for an investor or developer to acquire 5.3 acres in Riverside County land with Mixed-Use Zoning, bordering Perris. This is three contiguous parcels together 305-270-030, 305-270-031, 305-270-032 close to the I-215/CA-74 Freeways and Nuevo Road interchange with NO Mello Roos taxes and is exempt from capital gains taxes if held over 10 years. With water and power next door and sewer in the street in front of the 2nd neighboring parcel, this property is ripe for development. We are just down the street from Perris Plaza with Walmart, ALDI, Stater Bros, In-N-Out, Chick-Fil-A, Ross, Starbucks, Planet Fitness and so many other neighborhood amenities that make this area perfect for future residents and future growth. Permitted uses include residential, parks, restaurants, retail, medical offices, and professional services. With conditional approval, additional uses may include hotels, entertainment venues, convenience stores, mobile home parks, and more. Please see OM for a full list of permitted uses. The population of Perris across the street is increasing, income per capita is increasing, poverty is decreasing, and the number of employed persons is also increasing! Riverside County is an incredible investment opportunity featuring proximity/access to three major interstates, the nations busiest port system, Ontario Airport, UPS & FedEx Ground Hubs and BNSF. The area around Nuevo Road and Webster Avenue in Riverside County/Perris, CA is rapidly develop

Location

State CA

County Riverside

Direction From I-215, Head west on to Nuevo/Harvill Rd, Turn right onto N A St, Turn right onto Nuevo Rd, Property at the end of the stree

Interior

Fireplace No

Exterior

Utilities Available Electric, Natural Gas

View Y/N No

Present Use Unimproved

Others

Tax ID 305270030

Virtual Tour https://youtu.be/GuQoj7y6v4E


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MLS Router / San Diego MLS
Listed by Marcus Ibrahim eXp Realty of Greater Los Angeles

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24000 Nuevo