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E Jarvis St - Citrus Estates 125 Townhomes Project 5.57 Acres of Residential Land Offered at $3,999,000 in Perris, CA 92571
INVESTMENT HIGHLIGHTS
- Close proximity to major highway access.
- High growth area.
- Preliminary reports available.
EXECUTIVE SUMMARY
A fantastic opportunity for a Developer / Investor to build a new Townhome community in a great and growing area of Perris with easy freeway access for commutes to Riverside, Orange and San Diego counties and located near shopping, schools, rail lines and other city amenities. This property lies within the boundaries of the CITY OF PERRIS Redevelopment Project Area. The land consists of 4 parcels totaling the 5.57 acres that is unobstructed, level land of MFR-14 zoning with the city stating they would be open to changing the zoning to MFR-24 to accommodate the proposed project. Seller has prepared preliminary architectural plans, Phase1, Soil, Geographic, Capacity and others including plans for a 125 unit Townhome project. Don't let this opportunity pass you by!
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $3,999,000 | Lot Size | 5.57 AC |
| Price Per AC | $717,953.32 |
| Price | $3,999,000 |
| Price Per AC | $717,953.32 |
| Lot Size | 5.57 AC |
Four Parcels totaling 5.57 acres.
1 1
PROPERTY TAXES
| Parcel Number | 311-180-018 | Improvements Assessment | $0 |
| Land Assessment | $618,684 | Total Assessment | $618,684 |
PROPERTY TAXES
Parcel Number
311-180-018
Land Assessment
$618,684
Improvements Assessment
$0
Total Assessment
$618,684
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E Jarvis St - Citrus Estates 125 Townhomes Project
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