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Perris,CA 92567
Key Details
Property Type Vacant Land
Sub Type Unimproved Land
Listing Status Active
Purchase Type For Sale
Square Footage 1,126,461 sqft
Price per Sqft $0
MLS Listing ID CRIV25011752
HOA Y/N No
Originating Board Datashare California Regional
Lot Size 25.860 Acres
Property Sub-Type Unimproved Land
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.theworl
Location
State CA
County Riverside
Interior
Fireplace No
Exterior
View Hills,Mountain(s)
Building
Water None