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Perris,CA 92571
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25008045
Annual Tax Amount $5,080
Tax Year 2024
Lot Size 17.920 Acres
Property Description
BACK ON THE MARKET!
Prime 17.92± Acres on Ramona Expressway – Ideal Investment Opportunity
Take advantage of this incredible opportunity to own 17.92± acres of flat land with approximately 1800 feet of frontage on the bustling Ramona Expressway. Located in a rapidly developing area, this property is positioned to benefit from significant road improvements currently underway. Once completed, Ramona Expressway will become a major thoroughfare connecting the 215 Freeway to San Jacinto, further enhancing the accessibility and value of the property.
The land is zoned R-5, primarily residential, but other uses may be possible under the current zoning classification. With recent nearby land sales going for over $40K per acre, this property offers great potential for growth and future development. The property gently slopes southward, providing a versatile landscape for a variety of projects.
The location is unbeatable, with Lake Perris State Park just across the street, and schools, shopping, and essential services nearby. The proximity to major roads and recreational amenities makes this an ideal site for residential, commercial, or mixed-use development.
Water lines run along Ramona Expressway, with the MWD requesting an easement for a water line down Pozos Road, ensuring access to essential utilities for future development.
Don't miss out on this exceptional investment opportunity! With so much potential and the area set to thrive, we don't expect this property to stay on the market long.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning R-A-5
Exterior
Fence None
Community Features Suburban,Park
Utilities Available None,Sewer Not Available
View Y/N Yes
View Hills,Panoramic
Building
Lot Description 2-5 Units/Acre,Lot Over 40000 Sqft,Level,Near Park,Street Level,Value In Land
Sewer None
Water Public,See Remarks
New Construction No
Others
Acceptable Financing Cash,1031 Exchange
Listing Terms Cash,1031 Exchange
Special Listing Condition Standard