MLS® ID: PW17214804

21685 Cajalco Road

Perris, California,

$4,980,000 Active
  • - SQFT
This is TRULY PRICED TO SELL! Perfect for Development of: GAS STATION, CAR WASH, FAST FOOD, RETAIL PADS, SHOPPING CENTER, HIGH-DENSITY RESIDENTIAL on a Signalized Commercial Corner! Property is located in a HUB ZONE. Benefits could be available from the Government. Only $8.75/SqFt for busy CAJALCO EXPRESSWAY in Perris / Mead Valley. 13.08 Acre Mixed-Use-Highway Commercial zoned parcel. Riverside County officials said they envision making this THE MAIN CORNER in downtown Mead Valley. Cajalco/Clark turn lane is being added, County may widen to 4-6 lanes in the future. Perfect for a shopping center along a major thoroughfare. We've received offers for 1-Acre at $1,000,000. Buy the entire parcel at only $8.75 SqFt or $380,800 per acre. Don't want to develop? There's still a great opportunity to create a site plan, get entitlements for a Gas Station/Car Wash/Fast Food/retail pads on Cajalco or a Supermarket along with High-Density Residential in the rear of the property and sell the pieces of the pie for potentially, MILLION$ in profit. County told the owners they would like to see this corner as similar to downtown Temecula. Possible JOINT VENTURE with 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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Listing courtesy of Jack Rosemary, Broker

Amenities

  • Full baths
    0
  • Half baths
    0
  • Office name
    Jack Rosemary, Broker
  • SQFT
    0
  • Bedrooms
    0
  • Zoning type
    C-P-S Mixed-Use
  • Year built
    0
  • Lot size
    580219.00
  • Tax year
    0
  • Agent name
    Jack Rosemary
  • Tax amount
    $ 0.0
  • Purchase Type
    Active
  • HOA fees
    $ 0.00
  • Price Range
    $2m+
  • Square Feet Range
    < 1000 sq ft.
  • Office ID
    PB17571
  • Agent ID
    WROSEJAC

Location

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