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    33490 Bailey Park Blvd Menifee, CA 92584

    For Sale
    $900,000

    1.36 Acres, I-215 Visibility, Buildable Lot

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    363
    This exceptional 1.36-acre commercial land parcel, located at 33490 Bailey Park Blvd, Menifee, CA 92584 (APN 384-180-048), presents a prime development opportunity. The property boasts excellent visibility from the I-215 freeway and convenient access via the Scott Road offramp, placing it within close proximity to major commercial and retail services. Currently fenced, this improved land is zoned EDC-SG within the City of Menifee, a designation that aligns with the city's vision for a thriving business park and retail environment. The asking price is $900,000. This location offers significant potential for a variety of commercial developments, benefiting from its high-traffic location and strategic positioning within a rapidly growing area. The substantial lot size provides ample space for a large-scale project, while the existing infrastructure and zoning make the development process more streamlined. Serious inquiries are encouraged to explore the possibilities of this exceptional commercial land offering. Don't miss this chance to secure a prime location in a burgeoning market.

    Property Features for 33490 Bailey Park Blvd

    General Information

    Property type
    Land
    Lot Size
    59,242 SF

    HighLights

    • 36 improved acres, fenced.
    • High I‑215 freeway visibility.
    • Convenient I‑215 access via Scott Road offramp.
    • Near major commercial and retail amenities.
    • Prime site for building development.
    • Menifee EDC‑SG zoning; city plans for business park and retail.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.1731512
    Latitude
    33.6348613

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    FAQs

    What type of property is this?
    Land - 1.36 Acres, I-215 Visibility, Buildable Lot
    Where is this land located?
    The property is located at 33490 Bailey Park Blvd Menifee, CA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: 36 improved acres, fenced.; High I-215 freeway visibility.; Convenient I-215 access via Scott Road offramp.
    Request Owner's contact information
    33490 Bailey Park Blvd Menifee, CA 92584
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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
    33490 Bailey Park Blvd Menifee, CA 92584
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