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21685 Cajalco Road

Perris, CA 92570
  • $4,800,000
  • STATUS: Active
  • ON SITE: 1544 Days
  • ID#: PW17214804
UPDATED: 166 min ago
$4,800,000
  • 0
    BEDS
  • 13.08
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent: Jack Rosemary of Jack Rosemary, Broker


Description

TRULY PRICED TO SELL! Zoned Mixed Use. Perfect for Development of: GAS STATION (with CUP), CAR WASH, FAST FOOD, RETAIL PADS, SHOPPING CENTER, HIGH-DENSITY RESIDENTIAL. Signalized Commercial Corner the county is envisioning as the MAIN DOWNTOWN CORNER when Mead Valley becomes a city! Located in a FEDERAL HUB ZONE. Benefit$ could be available from the Government. Only $8.42/SqFt. CAJALCO EXPRESSWAY is a major thoroughfare. 13.08 Acre Mixed-Use-Highway Commercial zoned parcel. Estimated to be approximately 40,000 Cars per day traveling on Cajalco. A right turn lane is scheduled to be built at the corner of Cajalco/Clark and 7 other intersections along Cajalco. Riv County may widen to 4-6 lanes in the future. We've received offers for 1-Acre at $1M and 2-acres for $2M. Buy the entire parcel at only $8.42 SqFt or $367k per acre. Possible to create a site plan, get entitlements for retail pads along with High-Density Residential in the rear of the property and sell the pieces of the pie for potentially, MILLION$ in profit. County told the owners they would like to see this corner as similar to downtown Temecula. Possible JOINT VENTURE with a developer or Shopping Center Builder. Build to Suit. or Land LEASE is possible. Submit offers. 2-miles from 215 Freeway on Cajalco. Home developments are popping up and Cajalco Expressway between 15-Freeway and the 215-Freeway is developing daily! Traffic count has gone up significantly. Right in the path of progress!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-09T00:26:49.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
www.sellinglasouthbay.com/homes/76830092
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21685 Cajalco Road Perris, CA 92570

  • Price: $4,800,000
  • Status: Active
  • On Site: 1544 Days
  • Updated: 166 min ago
  • ID#: PW17214804
0
Beds
0
Baths
0
½ Baths
13.08
Acres
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
TRULY PRICED TO SELL! Zoned Mixed Use. Perfect for Development of: GAS STATION (with CUP), CAR WASH, FAST FOOD, RETAIL PADS, SHOPPING CENTER, HIGH-DENSITY RESIDENTIAL. Signalized Commercial Corner the county is envisioning as the MAIN DOWNTOWN CORNER when Mead Valley becomes a city! Located in a FEDERAL HUB ZONE. Benefit$ could be available from the Government. Only $8.42/SqFt. CAJALCO EXPRESSWAY is a major thoroughfare. 13.08 Acre Mixed-Use-Highway Commercial zoned parcel. Estimated to be approximately 40,000 Cars per day traveling on Cajalco. A right turn lane is scheduled to be built at the corner of Cajalco/Clark and 7 other intersections along Cajalco. Riv County may widen to 4-6 lanes in the future. We've received offers for 1-Acre at $1M and 2-acres for $2M. Buy the entire parcel at only $8.42 SqFt or $367k per acre. Possible to create a site plan, get entitlements for retail pads along with High-Density Residential in the rear of the property and sell the pieces of the pie for potentially, MILLION$ in profit. County told the owners they would like to see this corner as similar to downtown Temecula. Possible JOINT VENTURE with a developer or Shopping Center Builder. Build to Suit. or Land LEASE is possible. Submit offers. 2-miles from 215 Freeway on Cajalco. Home developments are popping up and Cajalco Expressway between 15-Freeway and the 215-Freeway is developing daily! Traffic count has gone up significantly. Right in the path of progress!
Exterior Features

Fencing Chain Link Lot Features Corner LotIrregular LotLot Over 40000 SqftLevelNear Public TransitRectangular Lot Road Frontage Type County RoadHighway Road Surface Type MaintainedPaved Sign On Property YN Yes View Mountain(S) View YN Yes

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Contingency County Right-Of-Way To Put in Right Turn Lane On Westbound Cajalco To Northbound Clark. Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanContract1031 Exchange New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableSee Remarks Water Source Public Zoning C-P-S Mixed-Use



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-09T00:26:49.073. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay. Licensed in the State of California, USA.
 
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Wendy Rich-Soto and Associates | Keller Williams Realty, South Bay
23670 Hawthorne Blvd. #100
Torrance CA, 90505
Listing Agent: Jack Rosemary of Jack Rosemary, Broker