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.
| MLS # | OC26164279 |
|---|---|
| Listing Type | For Sale |
| Style | Mixeduse |
| Sub-Type | Resale |
| Status | Active |
| Year | 2010 |
| Days On Site | 96 |
| Listing Provided By | Alta Realty Group CA, Inc | Kenneth Thurman |
| SQ Feet | 1,505 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Building(s) | 2 |
| Acreage | 1.84 |
| Cooling | Central Air, Electric |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition |
|---|---|
| Security Features | Security Lights |
| Lot Features | Zero To One Unit Acre |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Electricity On Property, Standard |
| Property | 2640 |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Menifee |
| Zip Code | 92584 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92584) | |
Price: $1,199,000 low | high Med: $615,000 sqft: 1,505 low | high Med: 1,698 $ / sqft: $797 low | high Med: $362 On site: 96 low | high Med: 10 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Menifee |
| Zip Code | 92584 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92584) | |
Price: $1,199,000 low | high Med: $615,000 sqft: 1,505 low | high Med: 1,698 $ / sqft: $797 low | high Med: $362 On site: 96 low | high Med: 10 | |