27701 State Highway 74, Perris, CA — $599,000

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About this home

Rare investment and development opportunity! Nearly an acre situated on a prime high-visibility corner lot directly along heavily traveled Highway 74. Positioned within a rapidly growing economic development corridor and ideally located between the I-15 and 215 freeways, this property offers exceptional exposure and accessibility. The site includes a large 2,730 square foot steel building. This lot comes with power, water, and is fully fenced with a 30 foot wide power gate. With strong traffic counts, prominent frontage, and tremendous growth surrounding the area, the possibilities are endless.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk

🏷 Last sold$105,000 · Jul 2021

📋 Assessed value$204,577

💵 Annual tax$2,128

🏫 School districtLake Elsinore Unified School District

MLS #SW26117359MR

🔥 Risk & insurability

🔥 Fire hazard zoneModerate

🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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VA loan (no PMI)

Estimated total monthly payment

$3,753

Principal & interest$3,029

Property tax$549

Home insurance$175

Down payment: $119,800Loan: $479,200

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.