This is a Residential Development Project of 168 acres a midst of numerous housing projects in various stages of development. This is one of the fastest-growing areas of Southern California. The City of Perris is centrally located between Los Angeles County(30 miles) and San Diego County( 30 miles). Perris is adjacent to the City of Riverside which is experiencing rapid growth in High Tech industrial developments. Large residential developments of 795 homes by Van Dale and over 200 homes by KB Homes and another 500 homes by other developers have been approved adjacent and around this project which has contributed to water and sewer services being pulled up to the foot of these lands. Today, the high price of new homes in Riverside and in the cities south of Perris has led to various new developments in the western and southern parts of Perris. This sale includes these APN #'s 335-430-021,335-020-032,335-060-020, 023,025,026,335-060-027,335-060-046,335-060-047 Attached is a master plan exhibit that EMWD provided regarding the engineer at Adkan that is working on the graded out area adjacent to Goetz road. EMWD has provided and discussed a pre app to understand what would be required to develop an overall project with 20,000 SF SFR sites. There is a fair share component for the infrastructure that is being proposed. More Memorandums and EMWD “Will Serve” Letter to be presented upon your offer submission and during due diligence period. CLICK VIRTUAL LINK ABOVE
Listing courtesy of ENRIQUE BALCAZAR from FIRST TEAM REAL ESTATE
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