An excellent opportunity to secure just under two acres of flat, fenced, and very well located commercial property in one of the fastest growing cities in the USA, Menifee, CA. This parcel is positioned in the middle of Menifee’s booming commercial path of growth. With mulitple usage opportunities, now and on the horizon, the time to invest is now. While plans are being discussed, designed, and approved, there is a grandfathered-in tenant occuppied 3/2 manufactured home on the lot creating an income stream to help support the holding and development costs of the 1.84 acres C1/CP/SC zoned flat usable land for your project. The area is exploding with new commercial and residential developments. The City of Menifee is progressively expanding and continually offering new exciting investment opportunities now and in your future. See attached list of approved uses for this zone in the supplements. In addition to rental unit, the property also has a septic system, outdoor restroom facility, perimeter lighting, palm trees, and completely chain link fenced and with two gates. The same owner is selling a matching vacant lot across the street on Bailey Park Blvd closer to 215 Frwy, MLS listing # OC24165183.
Mls | OC24152831 |
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Listing Type | For Sale |
Subtype | Resale |
Status | Active |
Year | 2010 |
Days On Site | 133 |
Listing Provided By | Alta Realty Group CA, Inc 888-504-5327 | Kenneth Thurman |
Sq Feet | 1,505 |
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Storys | 1 |
Units | 1 |
Acreage | 1.84 |
State | CA |
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County | Riverside |
City | Menifee |
Zip Code | 92584 |
Area | SRCAR Southwest Riverside County |
Listing VS Median (in 92584) | |
Price: $1,375,000 low | high Med: $630,000 SqFt: 1,505 low | high Med: 2,022 $ / SqFt: $914 low | high Med: $312 On Site: 133 low | high Med: 114.500000 |