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ANGELINA NGUYEN

angelinannhan@gmail.com +1(408) 952-9437

Listed by Marcus Ibrahim, DRE #02103911 • eXp Realty of Greater Los Angeles

$ 980,000

Est. payment | -/mo

5.3 Acres Lot

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$ 980,000

Est. payment | -/mo

Save Virtual Tour

5.3 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Pending

Purchase Type For Sale

MLS Listing ID CRCV25225766

Lot Size 5.300 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

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 als

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning RA,TRE,LZ,PRKG,LWS,LSR,LL,NL,PRK,D9,RK,LV

Exterior

Fence None

Utilities Available Electricity - On Site

View Hills, Local/Neighborhood, Panoramic

Building

Lot Description Trees, Grade - Level, Farm Animals (Permitted)

Water District - Public

Others

Tax ID 305270030

Special Listing Condition Not Applicable

Virtual Tour https://youtu.be/03mr6amPeog

Schools and Properties Nearby

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+1(408) 952-9437

angelinannhan@gmail.com

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24000 Nuevo RD Perris, CA 92570