$400,000
$600,000 33.3%
Est. payment /mo
2.22 Acres Lot
Sold on 07/23/2026
24003 Nuevo Perris, CA 92570
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Key Details
Sold Price $400,000
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV25228685
Lot Size 2.220 Acres
Property Sub-Type Lots/Land
Property Description
One of three contiguous parcels sold together or separately, this 2.22 acre parcel is on Nuevo Rd. just east of Webster Ave. and in an OPPORTUNITY ZONE 1/2 mile from the I-215 interchange which ALLOWS 60 UNITS PER ACRE! WATCH aerial video! This is a timely opportunity for an investor or developer to acquire land with Mixed-Use Zoning, bordering Perris, 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! The other two contiguous parcels that are being sold are 305-270-030 and 305-270-031. Riverside County is an incredible investment opportunity featuring proximity/access to three major interstates, the nations busiest port system, Ontario Airport, UPS & FedEx
Location
State CA
County Riverside
Exterior
Utilities Available Electric, Natural Gas
View Y/N No
Others
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
Listed by Marcus Ibrahim, DRE#02103911 eXp Realty of Greater Los Angeles
Bought with Marcus Ibrahim eXp Realty of Greater Los Angeles
Bought with Marcus Ibrahim eXp Realty of Greater Los Angeles
NEARBY SCHOOL & BUSINESS
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