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$1,375,000

Est. payment - /mo

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1,505 SqFt

Active

33235 Bailey Park DR Menifee, CA 92584

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Nathan King Real Estate Group

info@kingrealestate.group +1(559) 396-0000

UPDATED:

09/30/2024 06:04 PM

Key Details

Property Type Vacant Land

Sub Type Unimproved Land

Listing Status Active

Purchase Type For Sale

Square Footage 1,505 sqft

Price per Sqft $913

MLS Listing ID OC24152831

HOA Y/N No

Year Built 2010

Annual Tax Amount $2,640

Tax Year 2023

Lot Size 1.840 Acres

Property Description

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.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Rooms

Ensuite Laundry Washer Hookup, Inside

Interior

Laundry Location Washer Hookup,Inside

Heating Central

Fireplace No

Laundry Washer Hookup, Inside

Exterior

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

Roof Type Composition

Present Use Commercial,Investment

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

Listed by Kenneth Thurman • Alta Realty Group CA, Inc • 214-577-1302

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Nathan King Real Estate Group

Broker | License ID: 01878277

+1(559) 396-0000

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