166 Commercial StPerris, CA 92570

  • Industrial properties
  • 0.28 AC
For Sale
$350,000 View listing

Property Details for 166 Commercial St

Lot size
0.28 AC
Zone code
M2
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
313-263-028
APU
313263028

Description

This exceptional mixed-use property in Perris, CA, presents a remarkable business opportunity. Encompassing 5.227 acres (two separate parcels: 313267027 and 313267028), this offering includes a 2,000 square foot building constructed in 1978. The building features two separate office or living quarters, one upstairs and one downstairs. The property is zoned for light industrial use and is ideally suited for a variety of businesses, including construction, distribution, industrial operations, landscaping, manufacturing, or warehousing. Its strategic location between D Street and Perris Boulevard in downtown Perris offers excellent visibility and accessibility. Nearby amenities include the new Mercado Park, newer residential apartments, Interstate 215, Highway 74, Perris Valley Airport, and the Orange Empire Railway Museum. The property's proximity to a growing industrial area, encompassing Commercial Street, Goetz Road, Case Road, and Malbert Avenue, further enhances its appeal. The city is open to residential use. The property includes carports and a fenced area. While the listed square footage is 2,000, assessor records indicate a total of 3,600 square feet on a 22,216 square foot lot (0.51 acres). This presents a unique opportunity to acquire a versatile property in a thriving area. The property was previously listed for $450,000.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,836,698
    Hospitality
    $3,514,395
    Educational
    $2,923,935
    Medical
    $3,024,494
    Retail
    $4,548,344
166 Commercial St, Perris, California

Location Insight

City
Perris
County
Riverside
State
California
Latitude
33.7776
Longitude
-117.228
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$820
$42,861
$26,782
$69,643
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