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    Chambers Ave & Vly Rd Menifee, CA 92586

    For Sale
    $3,800,000

    26-acre land parcel in Menifee, California, for residential development.

    Property size:
    26 SF
    Lot size:
    26.95 Acres

    Property Features for Chambers Ave & Vly Rd

    General Information

    Size
    26 SF
    Lot size
    26.95 Acres

    Source: Matt Weaver Agent Matt Weaver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Menifee Land Parcel For Sale

    This 26-acre land parcel, located at Chambers Ave & Valley Blvd in Menifee, California, is zoned R-1 with a planned residential density of 2.1 to 5.0 dwelling units per acre. The property consists of three parcels with APNs 335-080-067, 335-080-066, and 335-080-056. The net acreage is 21.6 acres. Minimum lot sizes are 7,200 square feet, with an average lot size of 10,650 square feet. Water and sewer services are provided by Eastern Municipal Water District (EMWD), gas by Southern California Gas Company, and electricity by Southern California Edison. There is no CFD in place, but there is an opportunity to create one for various fees or improvements. Estimated DIF fees are $65,392.26. The map expiration is July 2024, with extensions available. The property is located within the Menifee Union School District.
    Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.19
    Latitude
    33.7061

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    FAQs

    What type of property is this?
    Land - 26-acre land parcel in Menifee, California, for residential development.
    Where is this land located?
    The property is located at Chambers Ave & Vly Rd Menifee, CA.
    What is the asking price?
    The asking price for this property is $3,800,000.
    What are key features of this property?
    This property features: - Substantial Acreage: 21.6 net acres (26.95 gross acres) suitable for development.; - Residential Zoning: Zoned R-1 with a planned density of 2.1-5.0 dwelling units per acre.; - Development Potential: Opportunity for residential development with average lot sizes of 10,650 SF.
    (619) 203-4967
    Request Owner's contact information
    Chambers Ave & Vly Rd Menifee, CA 92586
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Chambers Ave & Vly Rd Menifee, CA 92586
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