$2,100,000
FOR SALEActive0 7th
Perris CA 92570
900
SF
Multi-Family
Type
N/A
Built
$2,333/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
3 acres
Lot Size
900 SF
Square Footage
$2333.33/SF
Price per SF
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
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