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23971 State Highway 74
3.29 Acres of Commercial Land Offered at $1,699,547 CAD in Perris, CA 92570
Executive Summary
Contact seller only if you are a buyer or buyer's agent with financials to show proof of funds and credit history with all offers.
Owner will consider to carry loan with 20% down
Email offers and proof of funds to davethor@rocketmail.com
Financial Summary (Actual - 2021) Click Here to Access |
Annual (CAD) | Annual Per AC (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2021) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per AC | - |
Property Facts
| Price | $1,699,547 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Mixed Use |
| No. Lots | 1 | Total Lot Size | 3.29 AC |
| Property Type | Land |
| Price | $1,699,547 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Mixed Use |
| Total Lot Size | 3.29 AC |
1 Lot Available
Lot 326250042
| Price | $1,699,547 CAD | Lot Size | 3.29 AC |
| Price Per AC | $516,579 CAD |
| Price | $1,699,547 CAD |
| Price Per AC | $516,579 CAD |
| Lot Size | 3.29 AC |
Highway 74 & Ellis Ave with High Traffic & Main Signalized Intersection Corner. 390+ feet of Hwy 74 Frontage includes 3.29-Acres of Mixed Use Zoned land with Utilities at Site. Located in the County of Riverside with Est 30,000 Daily commuters
Description
This 4 way Signalized Highway 74 Corner property is offered FOR SALE or LONG TERM LEASE w/ OPTION Previously marketed by broker BUT misrepresented aerial property lines showed only half the actual usable land. ( Please see updated Photos) This property links Perris, CA to Lake Elsinore and the I-215 freeway to the I-15 freeway. The county has major development plans for this 4 lane highway corridor. Zoned MIXED USE (M-U) in the County of Riverside allowing 44 different types of businesses and an additional 13 types of business with a Conditional Use Permit. There are 4 lots totaling 3.29 acres with 390' of frontage on State Highway 74. It includes multiple ingress and egress locations off of Ellis Avenue and Neitzelt St., meaning no deceleration lane required. Cal Trans added an addition entry lane to the front south east side of property for easy access off Hwy 74. The property currently has a rented manufactured home with a long term month to month tenant and is included as is. Please do not disturb tenant. There are existing utilities at the property. There are current pending building plans for major development and infrastructure nearby. Buyer to do their own Due Diligence This is one of the main arteries to link east and west south Riverside county's fast growing Inland Empire.
zoning
| Zoning Code | Mixed Use |
| Mixed Use |
Presented by
Thor Properties
23971 State Highway 74
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