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24803 Highway 74
Perris, CA 92570
Land For Sale
·
4.75 AC


Investment Highlights
- Conditional Use Permit CUP220001 has been approved for a boat sales, service, and storage facility.
- Approximately 200 feet of frontage provides visibility along Highway 74 between Perris and Lake Elsinore.
- The property is positioned near Lake Elsinore, Canyon Lake, Lake Perris, and Diamond Valley Lake.
- CEQA review has been completed through a Mitigated Negative Declaration.
- Approved plans include a 10,000-square-foot showroom and service building with gated storage and display components.
- Existing site improvements include a graded and compacted pad with water, power, and septic service identified in the development program.
Executive Summary
24803 Highway 74 presents the opportunity to acquire a fully entitled ±4.75-acre commercial site with Conditional Use Permit CUP220001 approved for a boat sales, service, and storage facility. The property has completed CEQA review through a Mitigated Negative Declaration, allowing a buyer to move forward with a development program that has already addressed key entitlement milestones. The approved plan includes a 10,000-square-foot showroom and service facility, a gated boat storage yard, dedicated Highway 74 display areas, and on-site parking.
The site benefits from approximately 200 feet of frontage along Highway 74, a major corridor connecting Perris and Lake Elsinore. Its location places the property within reach of several regional recreational boating destinations, including Lake Elsinore, Canyon Lake, Lake Perris, and Diamond Valley Lake. This positioning supports demand from boat owners, service providers, and marine-related businesses serving Riverside County and the broader Inland Empire region.
Existing site improvements include a graded and compacted DG/gravel pad, with EMWD water service, SCE power availability, and private septic infrastructure identified in the approved development program. In addition to the approved marine-related use, completed environmental review, engineering work, and county-accepted studies may provide future users with a more streamlined path toward pursuing revised development concepts, subject to applicable approvals.
For investors, owner-users, and developers, the property offers a rare combination of entitlement certainty, Highway 74 visibility, and a specialized development program designed to support multiple operational and revenue-generating functions within a single commercial site.
The site benefits from approximately 200 feet of frontage along Highway 74, a major corridor connecting Perris and Lake Elsinore. Its location places the property within reach of several regional recreational boating destinations, including Lake Elsinore, Canyon Lake, Lake Perris, and Diamond Valley Lake. This positioning supports demand from boat owners, service providers, and marine-related businesses serving Riverside County and the broader Inland Empire region.
Existing site improvements include a graded and compacted DG/gravel pad, with EMWD water service, SCE power availability, and private septic infrastructure identified in the approved development program. In addition to the approved marine-related use, completed environmental review, engineering work, and county-accepted studies may provide future users with a more streamlined path toward pursuing revised development concepts, subject to applicable approvals.
For investors, owner-users, and developers, the property offers a rare combination of entitlement certainty, Highway 74 visibility, and a specialized development program designed to support multiple operational and revenue-generating functions within a single commercial site.
Property Facts
1 Lot Available
Lot
| Price | $1,850,000 | Lot Size | 4.75 AC |
| Price Per AC | $389,473.68 |
| Price | $1,850,000 |
| Price Per AC | $389,473.68 |
| Lot Size | 4.75 AC |
Description
24803 Highway 74 consists of approximately 4.75 acres in unincorporated Riverside County. The property is identified as APN 342-120-052 and is approved under Conditional Use Permit CUP220001 for a boat sales, service, and storage facility. The approved site plan includes a 10,000-square-foot building, 128 boat storage spaces, 14 Highway 74 display spaces, and 26 vehicle parking stalls. The site has approximately 200 feet of frontage along Highway 74 and is located between Perris and Lake Elsinore. Existing improvements include a graded and compacted pad, with EMWD water, SCE power, and private septic service referenced in the approved development program.
Property Taxes
| Parcel Number | 342-120-052 | Improvements Assessment | $0 |
| Land Assessment | $928,557 | Total Assessment | $928,557 |
Property Taxes
Parcel Number
342-120-052
Land Assessment
$928,557
Improvements Assessment
$0
Total Assessment
$928,557
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