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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

$1,199,000

Est. payment - /mo

1.84 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26164279

HOA Y/N No

Year Built 2010

Annual Tax Amount $2,640

Tax Year 2023

Lot Size 1.840 Acres

Lot Dimensions Assessor

Property Sub-Type Mixed Use

Property Description

Investment Highlights

Income-Producing Commercial Development Opportunity

Located in the rapidly expanding City of Menifee, this 1.84-acre commercial property combines immediate rental income with outstanding future development potential.

Property Highlights

• 1.84 acres of flat, usable commercial land

• Zoned C-1/CP/SC

• Grandfathered-in 3-bedroom, 2-bath manufactured home

• Tenant occupied with $2,200/month rental income

• Potential owner-user office or residence

• Fully fenced with two gated entrances

• Existing septic system

• Outdoor restroom

• Perimeter lighting

• Mature landscaping

• High-growth commercial corridor

• Multiple permitted commercial uses

• Strong demographics and continued residential expansion

Investment Opportunity

Generate income while planning and entitling your future development. The existing rental helps offset carrying costs while the surrounding area continues to experience significant commercial and residential growth.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Interior

Heating Central

Cooling Central Air, Electric

Fireplace No

Laundry Washer Hookup, Inside

Exterior

Utilities Available Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 384180011

Security Features Security Lights

Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange

Special Listing Condition Standard

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Listed by Kenneth Thurman Alta Realty Group CA, Inc 214-577-1302, DRE #01053162

NEARBY SCHOOL & BUSINESS

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33235 Bailey Park DR Menifee, CA 92584