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NEC Murrieta Road - NEC Murrieta Road 8.7 Acres of Commercial Land Offered at $1,744,900 CAD in Menifee, CA 92584

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INVESTMENT HIGHLIGHTS

  • Holland Overpass at I-215 freeway
  • Can be re-zoned for residential
  • City of Menifee has a rapid growth rate

EXECUTIVE SUMMARY

The Public Facilities (PF) zoning designation provides a wide range of permissible uses aimed at serving the community. The 8.70 acres of land at the NEC Murrieta Road and Holland Road in Menifee, CA, can be utilized for various public and institutional purposes, including but not limited to religious institutions, educational facilities, government/public services, healthcare, and recreational facilities.
Available upon request from broker:
- PC Approval with COC's
- City of Menifee correspondence
- Structural Calculations 
- WQMP Report
- Full site plans with arc
- Grading Plans
Optimal future use includes General Plan/Zoning Code (GP/ZC) amendment to RA-1 (1 Acre Residential), creating the potential for residential development. The proposed RA-1 zoning would allow for the creation of 4 spacious lots, with an additional remainder parcel, resulting in a total of 5 premium residential pads. All lots will be accessed through private easement only, ensuring privacy and exclusivity.
The rezoning process is anticipated to take approximately 1.5 years.

PROPERTY FACTS

Price $1,744,900 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Community Centre
  • Healthcare
  • Lodge or Meeting Hall
  • Police or Fire Station
  • Public Library
  • Religious Facility
  • Schools
  • Single Family Residence
Total Lot Size 8.70 AC
Zoning PF - The Public Facilities (PF) zoning designation provides a wide range of permissible uses aimed at serving the community.

1 LOT AVAILABLE

Lot

Price $1,744,900 CAD
Price Per AC $200,563.22 CAD
Lot Size 8.70 AC

Easy access from major roads and highways Street-level frontage

DESCRIPTION

Located in the City of Menifee, CA with a rapid growth rate The new Holland Overpass at I-215 freeway is nearly complete, great for cross community traffic

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
360-040-014
Land Assessment
$559,085 CAD
Improvements Assessment
$0 CAD
Total Assessment
$559,085 CAD
  • Listing ID: 32545572

  • Date on Market: 2024-07-22

  • Last Updated:

  • Address: NEC Murrieta Road, Menifee, CA 92584

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