1.84 Acres Lot
1.84 Acres Lot
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
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
Nearby Locations
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