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SW Quadrant (SWQ) of Harvill Avenue / Orange Avenue
Perris, CA 92570
Asking Price
$15.15M
Asset Type
Industrial Land
Class
Class B
What's Special
Land | 13.91 acres <ul><li>Zoned IP - Industrial Park</li><li>CUP in Final Review; 11,630sf Industrial Maintenance & Service Building (4 Pass-thru Bays, 6 Offices, Conf Rm, Lobby, Board Room, 4 Restrooms)</li><li>Approx 300+/- IOS Truck/53' Trailer Parking.</li><li>OPPORTUNITY ZONE</li><li>On Approved Riverside County Truck Route</li><li>Immediate Access to I-215 Fwy via Harvill Ave/Nuevo Ave</li><li>Underground Water, Sewer, Utility lines at Property Boundaries</li></ul>
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NOI
$80,000
Cap Rate
0.53%
DSCR
0.09
Underwater
Cash-on-Cash
-18.03%
Monthly Payment
$74,944.039
Annual Cash Flow
$-819,328.468
