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$ 2,100,000
Est. payment | /mo
3 Acres Lot
$ 2,100,000
Est. payment | /mo
3 Acres Lot
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26199828
HOA Y/N No
Lot Size 3.000 Acres
Property Sub-Type Multi Family
Property Description
PRIME DOWNTOWN PERRIS DEVELOPMENT OPPORTUNITY! Three contiguous vacant parcels totaling approximately 3 acres, located near 7th Street & G Street and being sold together. Situated within the Downtown Perris Specific Plan – Urban Village district, offering excellent potential for high-density residential and mixed-use development. Urban Village development concepts include 3–5 story stacked flats, rowhouses, courtyard housing, live/work units, and mixed-use buildings with residential above ground-floor commercial uses. City planning documents indicate Urban Village zoning may accommodate densities up to approximately 35 dwelling units per acre, providing the potential for a significant multifamily development. Current preliminary estimates suggest 54+ units may be possible, subject to City approval and site design. City of Perris
Flat, vacant land with street frontage and no existing structures offers a strong infill development opportunity in the heart of Perris. Conveniently located near Downtown Perris, shopping, restaurants, schools, Metrolink, major transportation corridors and freeway access. APNs 310-090-003, 310-090-004 & 310-090-005. All three parcels are being sold together for $2,100,000. No development plans or entitlements are currently in place. Buyer and buyer's agent to independently verify zoning, acreage, allowable density, unit count, permitted uses, utilities, development standards and all development potential with the City of Perris and appropriate agencies.
Flat, vacant land with street frontage and no existing structures offers a strong infill development opportunity in the heart of Perris. Conveniently located near Downtown Perris, shopping, restaurants, schools, Metrolink, major transportation corridors and freeway access. APNs 310-090-003, 310-090-004 & 310-090-005. All three parcels are being sold together for $2,100,000. No development plans or entitlements are currently in place. Buyer and buyer's agent to independently verify zoning, acreage, allowable density, unit count, permitted uses, utilities, development standards and all development potential with the City of Perris and appropriate agencies.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Fireplace No
Laundry None
Exterior
Utilities Available Water Not Available
Building
Lot Description Street Level
Water None
Others
Tax ID 310090003
Acceptable Financing Owner May Carry, Private Financing Available
Listing Terms Owner May Carry, Private Financing Available
Special Listing Condition Standard
Listed by GREGG HOLT North South Realty 951-907-9274, DRE #01748493