See Home Value
Listed by: Robert Mendez, Re/Max Time Realty
$525,000
● Land - Off Market

0 Margarth

Perris, CA
bedrooms
Studio
bathrooms
0 Bath
$2,942
Est. Monthly

About This Property

Currently the cheapest $/Acre in the area at just UNDER $18K/Acre. Welcome to this incredible opportunity to own a large piece of vacant land in a an up and coming area off major Highway 74. This property is OVER 33 ACRES and zoned Rural Residential (RR). Both WATER AND ELECTRICITY AVAILABLE IN STREET. This zoning also allows MANY RECREATIONAL USES such as Animal grazing and Agricultural uses, GardenSupply Stores, Pet Supply shops, Church Organizations, Day Care Centers, Private Schools, Bike Tracks, Driving Range, Ranch, Mobilehomes, etc etc.... And allowed uses with a CUP Include the following: Auto wrecking yards (CUP), Auto Repair(CUP), Gas Stations(CUP), Equipment Rental Services(CUP), Hardware Stores(CUP), General Stores(CUP), MOBILEHOME PARKS(CUP), race track(CUP), TRAILER AND BOAT STORAGE(CUP), Hunting Club(CUP), Feed Store(CUP), and more! INVEST INTO THE PATH OF PROGRESS as there is currently a Highway 74 Community Plan Project known as "GPA1205" which is generally located in the unincorporated area between Interstates 15 and 215, between the cities of Lake Elsinore and Perris. The planning area contains approximately 2,220 acres of unincorporated County land, and plans to guide the development of potential future residential neighborhoods of varying densities, commercial retail, mixed use, light industrial, business park, public facilities, rural, open space, and recreation areas, all of which are coming next door to this land. Buyer to verify any and all marketing information to satisfy themselves and to check with county of Riverside the status of any general plan amendments.
Unit Size
-
Days on Market
111 days
Land Size
33.46 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
-

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Last updated: 3 years ago (CRMLS #IG24081188)

Price History

Date / Event Date Event Price
Aug 12, 2024 Sold
Sold
Apr 23, 2024 Listed by Re/Max Time Realty $599,000
Listed by Re/Max Time Realty

Property Highlights

Exterior Details
Parcel Number: 345100033
Home Type: Land
Lot Information: Agricultural, Corner Lot, Gentle Sloping, Horse Property, Ranch
Lot Size Source: Assessor
Lot Size Acres: 33.46
Elevation Units: Feet
Utilities Details
Utilities: Electricity Available, Water Available, Sewer Not Available
Location Details
Community Features: Biking, Hiking, Horse Trails, Rural
Directions: Exit HWY 74 on Margarth St and 1/3 mile the property will be on your right hand side.
Other Details
Listing Terms: Cash, OwnerMayCarry, Submit

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

Past Sales

Date Unit Beds Baths Sqft Price Closed Listed By

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