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Investment Highlights

  • Strategic location at a fully signalized intersection on Ramona Expressway and Perris Boulevard.
  • High visibility and easy access with a dedicated left-turn pocket on southbound Perris Boulevard.
  • Underserved trade area with large daytime population and expanding residential base nearby.
  • Flexible zoning supports retail, medical, office, and restaurant uses, including drive-thru formats.
  • Strong traffic counts with 40,202 vehicles per day at the intersection and 117,000 on I-215.
  • Close proximity to national retailers and major distribution centers, ensuring consistent consumer traffic.

Executive Summary

This 1.59-acre commercial parcel is strategically located at the signalized intersection of Ramona Expressway and Perris Boulevard in Perris, California. Positioned in an underserved trade area with a significant daytime population, the site offers exceptional visibility and convenient access. Ramona Expressway serves as the key arterial connecting Perris to Corona and Hemet/San Jacinto, while Perris Boulevard links the city with Moreno Valley. The property allows drive-thru or sit-down restaurants, retail, medical, or office use, making it a versatile development opportunity. With a dedicated left-turn pocket and strong traffic counts exceeding 40,000 vehicles per day, this location offers significant potential for businesses seeking market penetration and growth. Surrounding national retailers and industrial distribution centers create a dynamic environment ideal for attracting steady consumer traffic.

Property Facts

Price $2,925,434 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 1.59 AC
Cross Streets Indian Ave
Zoning PVCC SP - Retail Trade

1 Lot Available

Lot 2

Price $2,925,434 CAD
Price Per AC $1,839,895.35 CAD
Lot Size 1.59 AC

1.59-acre commercial land at a signalized intersection in Perris, ideal for retail, medical, or office development.

Description

Located at the northeast quadrant of Ramona Expressway and Perris Boulevard, this 1.59-acre parcel offers a premier development site in a high-growth Southern California market. The property benefits from a fully signalized intersection and close proximity to major industrial centers, retail destinations, and residential communities. Ramona Expressway connects multiple trade areas and provides direct access to Interstate 215, which supports daily traffic counts above 117,000 vehicles. The site is positioned in a market experiencing significant population growth, ensuring strong consumer demand well into the future. Entitlements support a range of uses, including quick-service and sit-down restaurants, retail establishments, medical offices, and other commercial applications. Nearby national tenants such as Home Depot, Ross, and Amazon distribution centers further enhance the location’s appeal. With exceptional transportation connectivity and proven market fundamentals, this property presents a valuable opportunity for developers and investors alike.

Fairly walkable
40/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 302-130-034
  • 302-130-035
Land Assessment
$1,857,135 CAD
Improvements Assessment
$0 CAD
Total Assessment
$1,857,135 CAD
  • Listing ID: 37113508

  • Date on Market: 2025-08-04

  • Last Updated:

  • Address: 130 Ramona Expy, Perris, CA 92571

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