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$599,000 Just Listed
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Property Description
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.
Full Property Details
Full Property Details for 27701 State Hwy 74
General
- Price: $599,000
- Status: Active
- Type: Lots/Land
- Source: MRMLS
- MLS ID: SW26117359
- Updated: 5/30/2026
- Days on Market: 4 days
- Added to Site: 4 day(s) ago
Location
- Area: SRCAR - Southwest Riverside County
- County: Riverside
- Development Name: SRCAR - Southwest Riverside County
- Driving Directions: 15 fwy to hwy 74
- Dist. to Beach: on site (Miles)
Utilities
- Dist. to Water: on site
Lot Features
- Property View: Hills
- Lot Size (Acres): 0.87
- Lot Size (Sq. Ft.): 37,897
- Lot Size Source: Assessor
- Zoning: R-R
- Lot Description: Rural
- Fencing (Description): Wrought Iron
Financial Considerations
- Price Per Sq. Ft.: $15.81
Listed by Drive Real Estate, Inc., Ryan Orr
Get Pre-Approved Today
Schools
Schools serving 27701 State Hwy 74
School District:Lake Elsinore Unified School District
| Name | Grades | Distance |
|---|---|---|
Earl Warren Elementary School, Lake Elsinore, CA 41221 Rosetta Canyon Drive, Lake Elsinore, CA 92532 | K-5 | 1.5 mi |
Elsinore Middle School 1203 West Graham Avenue, Lake Elsinore, CA 92530 | 6-8 | 3.6 mi |
Temescal Canyon High School 28755 El Toro Road, Lake Elsinore, CA 92532 | 9-12 | 2.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 27701 State Hwy 74
Date
Details
Price
Change
Source
5/29/2026
Listed
$599,000
470.48%
MLS
7/21/2021
Sold
$105,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 27701 State Hwy 74
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,128
5%
$200,567
2%
2024
$2,032
1%
$196,635
2%
2023
$2,006
2%
$192,780
2%
2022
$1,967
160%
$189,000
162%
2021
$757
1%
$72,165
1%
2020
$749
2%
$71,426
2%
2019
$734
2%
$70,026
2%
2018
$720
2%
$68,654
2%
2017
$706
4%
$67,309
2%
2016
$680
1%
$65,990
2%
2015
$671
-64%
$65,000
-56%
2014
$1,885
3%
$147,752
—
2013
$1,823
—
$147,086
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 27701 State Hwy 74
27701 State Highway 74, Perris, CA 92570 (MLS# SW26117359) is a Lots/Land property with a lot size of 0.8700 acres. 27701 State Highway 74 is currently listed for $599,000 and was received on May 29, 2026. Want to learn more about 27701 State Highway 74? Do you have questions about finding other Lots/Land real estate for sale in Perris? You can browse all Perris real estate or contact a Coldwell Banker agent to request more information.

