For Sale
$1,175,000

1210 Markham St Perris, CA 92571

0.98-acre industrial land, build-to-suit option

Overview

Added:
Dec 11, 2024
Days on market:
136
This 0.98-acre parcel in Perris, CA (APN 314-110-033), zoned Light Industrial (LI), presents a compelling investment opportunity. Priced at $1,175,000, the property offers two distinct development paths. Option one involves utilizing the land as an outdoor storage yard, leveraging existing utilities and excellent freeway access to the 215, 60, and 91 freeways. Alternatively, a build-to-suit option allows for the construction of a +/- 20,000 square foot industrial building. This potential building could include approximately 2,000-3,000 square feet of second-story mezzanine/office space, fire sprinklers, 30-32 foot clear height, two ground-level doors, two dock-high loading doors, approximately 400 amps of power, and 24 auto parking spaces. The build-to-suit project is estimated to take 18-24 months for completion. The seller is motivated and open to offers. This property is available for sale, and lease options may be considered. Potential tenants could benefit from the property's adaptability to various industrial uses. The seller may also be willing to make improvements to the property to meet specific occupant needs.

Highlights

  • $1,175,000 asking price for 0.98-acre industrial land in Perris, CA.
  • Light Industrial (LI) zoning allows for a potential ~19,500+ SF industrial building (buyer to verify with city).
  • Potential rental income of $1.10/SF/NNN+.
  • Motivated seller; price reduced from $1.4M. Property available for sale as-is, or build-to-suit option available.
  • Excellent freeway access to the 215, 60, and 91 freeways.

Property Details for 1210 Markham St

Property type
Land, Industrial properties
Lot Size (sq. ft)
42,689 SF

Location Insight

City
Perris
County
Riverside
State
California
Latitude
33.8518875
Longitude
-117.2448091

FAQs

What type of property is this?
Land - 0.98-acre industrial land, build-to-suit option
Where is the land located?
The property is located at 1210 Markham St Perris, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: $1,175,000 asking price for 0.98-acre industrial land in Perris, CA.; Light Industrial (LI) zoning allows for a potential ~19,500+ SF industrial building (buyer to verify with city).; Potential rental income of $1.10/SF/NNN+.
How can I contact the broker?
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1210 Markham St
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