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Property

Perris, CA 92570 24000 Nuevo Road

24000 Nuevo Road Perris, CA - Image 124000 Nuevo Road Perris, CA - Image 224000 Nuevo Road Perris, CA - Image 3
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24000 Nuevo Road Perris, CA - Image 424000 Nuevo Road Perris, CA - Image 524000 Nuevo Road Perris, CA - Image 6
Presented By: Marcus Ibrahim with eXp Realty of Greater Los Angeles; 626-605-1840
  • MLS# CV25049455
  • 03/18/2025
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Home Details

OPPORTUNITY ZONE 1/2 mile from the I-215 interchange ALLOWS up to 60 UNITS PER ACRE! WATCH AERIAL VIDEO! This is a timely opportunity for an investor or developer to acquire 5.3 acres in Riverside County land with Mixed-Use Zoning, bordering Perris. This is three contiguous parcels together 305-270-030, 305-270-031, 305-270-032 close to the I-215/CA-74 Freeways and Nuevo Road interchange with NO Mello Roos taxes and is exempt from capital gains taxes if held over 10 years. With water and power next door and sewer in the street in front of the 2nd neighboring parcel, this property is ripe for development. We are just down the street from Perris Plaza with Walmart, ALDI, Stater Bros, In-N-Out, Chick-Fil-A, Ross, Starbucks, Planet Fitness and so many other neighborhood amenities that make this area perfect for future residents and future growth. Permitted uses include residential, parks, restaurants, retail, medical offices, and professional services. With conditional approval, additional uses may include hotels, entertainment venues, convenience stores, mobile home parks, and more. Please see OM for a full list of permitted uses. The population of Perris across the street is increasing, income per capita is increasing, poverty is decreasing, and the number of employed persons is also increasing! Riverside County is an incredible investment opportunity featuring proximity/access to three major interstates, the nation’s busiest port system, Ontario Airport, UPS & FedEx Ground Hubs and BNSF. The area around Nuevo Road and Webster Avenue in Riverside County/Perris, CA is rapidly developing with major commercial and industrial projects. Nearby, the Perris Gateway Distribution Facility is under construction on 42 acres near I-215, set for completion by August 2025, bringing 855,330 sq ft of warehouse space and 27,000 sq ft of retail including Taco Bell, Starbucks, Shell, and Sonic. Infrastructure improvements are also underway, including an $8 million upgrade to Ramona Expressway and an expansion of the Perris–South Metrolink Station, adding a second platform and a 2.7-mile track upgrade. With these developments, the region continues to grow as a key logistics and business hub in Southern California. With the ideal zoning and location, this property is great for development or investment. Secure this Opportunity Zone land before it’s gone!
Presented By: Marcus Ibrahim with eXp Realty of Greater Los Angeles; 626-605-1840

Interior Features for 24000 Nuevo Road

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NNo

General for 24000 Nuevo Road

Additional Parcels Description305270031, 305270032
Additional Parcels Y/NYes
Attached Garage No
Carport Y/NNo
CityPerris
Community FeaturesBiking, Rural, Suburban, Park
CountyRiverside
Current UseUnimproved
DirectionsFrom I-215, Head west on to Nuevo/Harvill Rd, Turn right onto N A St, Turn right onto Nuevo Rd, Property at the end of the street at the NE corner of Nuevo/Webster
DisclosuresUnincorporated
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Exchange1031
Lot Size Square Feet230868.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MobileHomeRemainsYNNo
New ConstructionNo
Possible UseAgricultural, Commercial, Horses, Industrial, Improved, Investment, MultiFamily, ParkingLot, PlaceOfWorship, Residential, Recreational, SeeRemarks, Storage
Property Attached Y/NNo
Property TypeLand
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
ViewMountains, Neighborhood, Panoramic
Virtual TourClick here
Virtual TourClick here
Waterfront Y/NNo
ZoningMU
Zoning DescriptionMixed Use

Exterior for 24000 Nuevo Road

Crops Included Y/NNo
FencingNone
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions230, 868
Lot FeaturesCornerLot, LotOver40000Sqft, Level, NoLandscaping, NearPark, Over40UnitsAcre, RectangularLot, Ranch, Rocks, StreetLevel, Trees, ValueInLand
Lot Size Acres5.3
Lot Size Area230868.0
Lot Size SourcePublicRecords
LotDimensionsSourcePublicRecords
Open Parking Y/NNo
Private PoolNo
Road Frontage TypeCityStreet
Road Surface TypePaved
SpaNo
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $999,000
MLS#CV25049455
List Date 03/18/2025
Property Type Land
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