Your email has been sent.
950 David Jones rd - ±9.62 Acres | Perris Residential Development 9.62 Acres of Residential Land Offered at $1,900,000 in Perris, CA 92570
Investment Highlights
- Convenient Access to the I-215
- Flexibility to evaluate residential product and density
- Nearby residential development and builder activity
- Flat Topography
- Utilities to the property line
- Residential Development potential of up to 30 DU/Acre
Executive Summary
Key Highlights:
±9.62 Acres | Housing Opportunity Area 5 | Site 5.3 | Up to 30 DU/Acre* | Generally Flat | David Jones Road Frontage | Utilities Reported Nearby | Unentitled | Residential Development Opportunity
The property is being offered on an “as-is, where-is” basis. Buyer shall independently verify all information, including zoning, Housing Element provisions, allowable density, development standards, utilities, infrastructure capacity, access, environmental conditions and entitlement requirements with the City of Perris and applicable agencies.
Broker Note: Offering Memorandum and additional property information available upon request.
Property Facts
1 Lot Available
Lot
| Price | $1,900,000 | Lot Size | 9.62 AC |
| Price Per AC | $197,505.20 |
| Price | $1,900,000 |
| Price Per AC | $197,505.20 |
| Lot Size | 9.62 AC |
Approximately 9.62 acres of generally flat vacant land located at 950 David Jones Road in Perris, California. The property offers existing street frontage and access from David Jones Road, with utilities reported to the site.
Description
Compass Land Advisors is pleased to present a ±9.62-acre residential development opportunity located at 950 David Jones Road, Perris, California 92570. The property, APN 342-080-004, consists of generally flat vacant land with existing street frontage and access from David Jones Road and utilities reported at or near the site. A key feature of the property is its location within the City of Perris Housing Opportunity Area 5 – Ellis Avenue & River Road. The property is specifically identified as Housing Element Site 5.3, creating an opportunity to evaluate residential development at densities of up to 30 dwelling units per acre, subject to applicable Housing Element provisions, City development standards, infrastructure requirements and governmental review. The property is being offered unentitled, giving a builder or developer the flexibility to evaluate the appropriate residential product, density, unit mix and site configuration based on current market demand and applicable City requirements.
Contact the Sale Advisor
950 David Jones rd - ±9.62 Acres | Perris Residential Development