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0 Indian Ave / Perry St - Parking Terminal- 7.5%+ Potential Cap Rate 7.5 Acres of Commercial Land Offered at $12,748,320 CAD in Perris, CA 92571
Investment Highlights
- 91 Highway and Ramona Express Way / 60 Freeway
- Nearby March Air Base, including Amazon, Lowes, Home Depot and others
- Submit All Offers!
- 183 Trailer Parking Lot in planning
- Fulfillment, Logistics and Warehousing nearby
Executive Summary
7.50 Acres | Perris, California
One of the Inland Empire's few advanced-stage truck terminal development opportunities.
Positioned within Southern California's premier logistics corridor, this 7.5-acre industrial property offers investors and owner-users the opportunity to acquire a project that has already completed the majority of the entitlement process, dramatically reducing development timelines and entitlement risk.
The property is in the final stages of securing approvals for a professionally designed truck terminal capable of accommodating approximately 220+ trailer parking spaces, tractor parking, and an operations facility, subject to final City approval.
Located just minutes from Interstate 215 with immediate access to I-10, SR-60, SR-91, and I-15, the site sits among major distribution facilities occupied by national logistics and e-commerce companies, making it ideally suited for transportation, fleet operations, trailer storage, logistics, and industrial users.
Investment Highlights
• Advanced Entitlement Status – Significant planning and entitlement work has already been completed, allowing a buyer to accelerate development.
• Institutional-Quality Location – Situated within one of Southern California's most active industrial markets with exceptional freeway connectivity.
• Severe Supply Constraint – Entitled truck parking and trailer storage facilities remain among the most difficult industrial assets to develop throughout the Inland Empire.
• Flexible Development Opportunity – Current plans may be adapted to meet an owner-user's operational requirements while preserving the value of the entitlement work already completed.
• Strong Long-Term Fundamentals – Continued growth in regional logistics, e-commerce, and freight transportation supports sustained demand for secure truck and trailer parking facilities.
• Seller Financing Available – Flexible financing terms may be available for qualified purchasers.
Value Opportunity
The current asking price reflects today's entitlement stage. Upon completion of final approvals, ownership anticipates a substantial increase in market value, creating a limited opportunity for investors seeking to capitalize on the remaining entitlement upside.
Property Facts
1 Lot Available
Lot #3BK11BK14
| Price | $12,748,320 CAD | Lot Size | 7.50 AC |
| Price Per AC | $1,699,775.93 CAD |
| Price | $12,748,320 CAD |
| Price Per AC | $1,699,775.93 CAD |
| Lot Size | 7.50 AC |
Limited-Time Pre-Entitlement Pricing! 7.5± acres in Perris. Advanced CUP entitlement for a 220+ trailer truck terminal. Major entitlement work completed. Prime Inland Empire logistics location with significant upside upon final approvals.
Description
Property Description Limited-Time Pre-Entitlement Pricing – Advanced Truck Terminal Development Opportunity Rare opportunity to acquire approximately 7.50 acres strategically located at the intersection of Indian Avenue and Perry Street, just north of Ramona Expressway in the heart of the Inland Empire logistics corridor. The property consists of approximately 5.6 acres west of Perry Street and 1.9 acres east of Perry Street, offering flexibility for truck circulation, support facilities, and future development. Unlike typical industrial land offerings, this project has already completed substantial entitlement work and is in the final stages of obtaining a Conditional Use Permit (CUP) for a professionally designed Truck Terminal. The current concept accommodates approximately 220+ trailer parking spaces, tractor parking, and an operations building, subject to final City approval and buyer modifications. Located minutes from Interstate 215, with direct access to Interstates 10, 15, State Route 60, and State Route 91, the site is ideally positioned to serve Southern California's transportation, logistics, fleet, and distribution industries. The City of Perris has confirmed that the recently adopted warehouse moratorium does not apply to the proposed truck terminal use, allowing entitlement efforts to continue moving forward. Significant planning, engineering, and entitlement work has already been completed, providing a future owner with a substantial head start compared to acquiring raw industrial land. Ownership anticipates increasing the asking price upon completion of the entitlement process. This offering provides a limited opportunity to acquire the project at pre-entitlement pricing. Seller financing may be available for qualified buyers.
Presented by
1st American Realty
0 Indian Ave / Perry St - Parking Terminal- 7.5%+ Potential Cap Rate
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