23805 Orange Ave, Perris, CA 92570 - View 1
23805 Orange Ave, Perris, CA 92570 - View 2
23805 Orange Ave, Perris, CA 92570 - View 3
23805 Orange Ave, Perris, CA 92570 - View 4
23805 Orange Ave, Perris, CA 92570 - View 5
23805 Orange Ave, Perris, CA 92570 - View 6

23805 Orange Ave, Perris, CA 92570

List Price: $13,304,900On Market FlagOn market
Jun 30, 20241,858 sqft3 beds2 baths
Listed by: Joe McGowan
License #: 01717051
Phone #: 951-677-3565
Berkshire Hathaway HomeServices California Properties
Source:
CRMLS Logo
MLS #: SW24134059

Property Description

This approximately 9.85 acre property is being offered as part of an Assemblage of four parcels, together totaling approximately 19.07 Acres. The Sale will be contingent on a successful Zoning/Foundation change. The application for a Zoning/Foundation change to Commercial/Industrial use has already been submitted to the County of Riverside. Welcome to 23805 Orange Avenue, a premier real estate offering poised for a lucrative zoning change to Commercial/Industrial, currently submitted for approval by the County of Riverside. This exceptional property presents an unparalleled investment opportunity in the rapidly growing unincorporated area of Perris, CA. Currently, this property is used as a residence, along with a working horse training facility and ranch. The property includes two residences, a large barn, 4-vehicle carport, a number of out-buildings, pens, turn-outs, and arenas. Upon approval of the Zoning/Foundation change, this property, along with the other 3 parcels would offer: • Situated in the heart of Perris, this property benefits from excellent accessibility and visibility, making it an ideal location for a variety of commercial and industrial enterprises. • Spanning 9.85 +/- acres, this expansive lot offers ample space for development, whether for manufacturing, warehousing, retail, or mixed-use purposes. • The property is equipped with essential utilities, including water, and electricity connections, ensuring a seamless transition for future development. • Perris is experiencing significant economic growth, with increasing demand for commercial and industrial spaces. This zoning change positions the property as a key player in the city’s development trajectory. • Conveniently located near major transportation routes, including Interstate 215, providing easy access to surrounding cities and markets. Investment Highlights: • Frontage on Orange Avenue ensures maximum exposure, attracting potential customers and clients. Don’t miss out on this rare opportunity to invest in a property with immense potential, and secure your stake in Perris' thriving commercial and industrial landscape. Don’t miss out on this rare opportunity to invest in a property with immense potential, and secure your stake in Perris' thriving commercial and industrial landscape.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$179,114

TurboHome Estimated Value

$682,000

$367 sqft

High Valuation
$716,100
$385/sqft
Normal Valuation
$682,000
$367/sqft
Low Valuation
$647,900
$349/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$367/sqft$682,000

Neighborhood

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Comparative Value

$455K

$13.30M

2245 Windsor Ct, Perris, CA 92571

Sale Price: $455,000

Selected Comparable

142 Camden Ct, Perris, CA 92571

Sale Price: $475,000

Selected Comparable

136 Camden Ct, Perris, CA 92571

Sale Price: $475,000

Selected Comparable

20149 Fallen Leaf Dr, Perris, CA 92570

Sale Price: $577,000

Selected Comparable

23885 Rhodes Ave, Perris, CA 92570

Sale Price: $705,000

Selected Comparable

23805 Orange Ave, Perris, CA 92570

List Price: $13,304,900

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
23805 Orange Ave, Perris, CA 92570

23805 Orange Ave, Perris, CA 92570

List: $13,304,900

Listed: 6/30/2024

Area:1,858 sqft
Price/sqft:$7,161
Beds:3
Baths:2
Year Built:
Lot Size:429,066

Comparable Properties

COMPARABLE
Choose comps
2245 Windsor Ct, Perris, CA 92571

2245 Windsor Ct, Perris, CA 92571

Sale: $455,000

7/18/20251.41 mi

Area:1,710 sqft
Price/sqft:$266
Beds:3
Baths:3
Year Built:
Weight:21.8%
23885 Rhodes Ave, Perris, CA 92570

23885 Rhodes Ave, Perris, CA 92570

Sale: $705,000

3/13/20250.52 mi

Area:2,108 sqft
Price/sqft:$334
Beds:3
Baths:3
Year Built:
Weight:20.6%
142 Camden Ct, Perris, CA 92571

142 Camden Ct, Perris, CA 92571

Sale: $475,000

8/30/20241.43 mi

Area:1,807 sqft
Price/sqft:$263
Beds:3
Baths:3
Year Built:
Weight:19.8%
136 Camden Ct, Perris, CA 92571

136 Camden Ct, Perris, CA 92571

Sale: $475,000

11/1/20241.43 mi

Area:1,710 sqft
Price/sqft:$278
Beds:3
Baths:3
Year Built:
Weight:19.1%
20149 Fallen Leaf Dr, Perris, CA 92570

20149 Fallen Leaf Dr, Perris, CA 92570

Sale: $577,000

7/7/20251.13 mi

Area:1,900 sqft
Price/sqft:$304
Beds:4
Baths:3
Year Built:
Weight:18.7%

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