Warehouse With Heavy-Duty
For Sale
$2,998,888
30100 Maxine, Menifee, CA 92584
Warehouse property paired with a custom-built residence, offering live-work functionality and storage-oriented land use.
Property Size7,200 SF
Lot Size10.00 Acres
Price / SF$416.51
Days on Market73
Property Features for 30100 Maxine
General Information
Standard status
Active
Size
7,200 SF
Lot size
10.00 Acres
Property subtype
Commercial
Warehouse & Industrial
Warehouse Space
7,200 SF
Drive-In Doors
4
Building Details
Year Built
1999
Building Size
7,200 SF
Listing Agency:
Keller Williams Realty Riv
(951) 226-5454
Listed By:
Tonja Bambrook (tonjasells@yahoo.com)
Source:
Mrmurrieta
Added: Aug 3
Changed: Oct 4
Last Checked: Oct 12 at 7:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Riv
Investment Insights
Based on property information with market context.
This warehouse property includes a 7,200-square-foot workshop on 10 acres, along with a custom-built home completed in 1999. The workshop measures 60 by 120 feet and has two 14-foot roll-up doors and two additional 10-foot roll-up doors. Reinforced stamped-concrete flooring accommodates semi-truck or heavy-equipment parking, and the structure was constructed for potential two-story use. The residence provides four bedrooms, 3.5 bathrooms, an expansive open floor plan, a rock fireplace, and a large kitchen with double ovens, a cooktop, a downdraft, and a dishwasher. Recent improvements include a tile roof, tile wood-like flooring, and interior and exterior paint.
The property is in Riverside County and was recently rezoned for storage parking. Five entryways provide access to the property, while a serviced septic system and propane support the existing improvements. The site is also identified as horse property and includes potential indoor-barn functionality within the workshop.
The property is in Riverside County and was recently rezoned for storage parking. Five entryways provide access to the property, while a serviced septic system and propane support the existing improvements. The site is also identified as horse property and includes potential indoor-barn functionality within the workshop.
Key Highlights
- 7,200‑square‑foot workshop on 10 acres
- Workshop measures 60x120 feet
- Two 14‑foot‑high and two 10‑foot roll‑up doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$100,440
Cap Rate
3.35%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,008,800
$2.0M
Cap Rate 7%
$1,434,857
$1.4M
Cap Rate 9%
$1,116,000
$1.1M
Market Conditions
NOI Build-Up for 7,200 SF
Gross rent
$172.8K $24.00/SF
− Vacancy
−$12.1K −$1.68/SF
EGI
$160.7K $22.32/SF
− OpEx
−$60.3K −$8.37/SF
NOI
$100.4K $13.95/SF
Area
Menifee, CA
Vacancy
7.00%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,008,800
Cap Rate 7%
$1,434,857
Cap Rate 9%
$1,116,000
Alternative Uses
Best Use
Mixed Use
$1.43M
$1.26M – $1.67M
NOI $100,440 @ 7.0% cap · market cap 3.35%
Second Best
Office B
$1.37M
$1.20M – $1.59M
NOI $95,645 @ 7.0% cap · market cap 3.19%
Theoretical Best
Office A
$1.82M
$1.60M – $2.13M
NOI $127,734 @ 7.0% cap · market cap 4.26%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
4
Drive-in doors
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92584, CA
55,517
Population
18,480
Households
3
Avg Household Size
36
Median Age
28%
College-Educated
92%
High-School Grad
29.1 sq mi
ZIP Area
1,908
Density / Sq Mi
$113,470
Median Household Income
$53,466
Median Earnings
$2,301
Median Rent
$562,100
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Warehouse - Warehouse property paired with a custom-built residence, offering live-work functionality and storage-oriented land use.
Where is this warehouse located?
The property is located at 30100 Maxine Menifee, CA.
What is the asking price?
The asking price for this property is $2,998,888.
What are key features of this property?
This property features: 7,200‑square‑foot workshop on 10 acres; Workshop measures 60x120 feet; Two 14‑foot‑high and two 10‑foot roll‑up doors
