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27080 Highway 74 - 2.28 Acres 2.24 Acres of Commercial Land Offered at $1,096,160 CAD in Perris, CA 92570
Investment Highlights
- Approx 2.28 acres of land fronting Highway 74
- Existing improvements on property
- Sewer line recently installed in Highway 74
Executive Summary
The offering consists of three contiguous legal parcels totaling approximately 2.28 acres with just over 250 feet of frontage on Highway 74. The property is located in the community of Meadowbrook, an unincorporated area of Riverside County that borders the cities of Lake Elsinore, Canyon Lake, Menifee, and Perris. The portion of Highway 74 in which the property is located provides shortened access between Lake Elsinore and Perris and sees approximately 25,000 cars per day. This corridor and surrounding the property is primarily made up of rural residential with some commercial/retail and a growing industrial presence. In terms of utilities, the property is serviced by the Elsinore Valley Municipal Water and currently has a water meter on each of the three parcels. Sewer infrastructure is currently being installed in Highway 74 and is available at the property line. Buyer to confirm. Please reach out to our team with any questions or interest in this opportunity.
Property Facts
| Price | $1,096,160 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Total Lot Size | 2.24 AC |
| No. Lots | 1 | No. Stories | 1 |
| Property Type | Land | ||
| Zoning | Rural Residential - General Plan Land Use is Rural Commercial (C-R) | ||
| Price | $1,096,160 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2.24 AC |
| No. Stories | 1 |
| Zoning | Rural Residential - General Plan Land Use is Rural Commercial (C-R) |
1 Lot Available
Lot
| Price | $1,096,160 CAD | Lot Size | 2.24 AC |
| Price Per AC | $489,357.16 CAD |
| Price | $1,096,160 CAD |
| Price Per AC | $489,357.16 CAD |
| Lot Size | 2.24 AC |
Three contiguous legal parcels totaling approximately 2.28 acres with just over 250 feet of frontage on Highway 74.
1 1
Property Taxes
| Parcel Numbers | Improvements Assessment | $101,647 CAD | |
| Land Assessment | $720,529 CAD | Total Assessment | $822,176 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$720,529 CAD
Improvements Assessment
$101,647 CAD
Total Assessment
$822,176 CAD
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27080 Highway 74 - 2.28 Acres
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