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    Nec Murrieta Rd Menifee, CA 92584

    Sponsored
    For Sale
    $1,250,000

    Prime Menifee commercial/residential land

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 8.7-acre parcel, located at the Northeast corner of Murrieta Road and Holland Road in Menifee, California (zip code 92584, APN 360-040-014), presents a unique investment opportunity. Currently zoned PF (Public Facilities), this property offers a wide array of potential uses, including religious institutions, educational facilities, government/public services, healthcare, and recreational facilities. The property boasts convenient street-level frontage and easy access to major roads and highways. The nearing completion of the Holland Overpass at the I-215 freeway promises improved cross-community traffic flow, further enhancing the property's accessibility and desirability. A compelling future use involves a General Plan/Zoning Code amendment to RA-1 (1 Acre Residential) zoning. This rezoning, projected to take approximately 1.5 years, would allow for the creation of five premium residential lots (four 1-acre lots and one remainder parcel), all accessed via a private easement for enhanced privacy. Available upon request are supporting documents including PC Approval with COCs, City of Menifee correspondence, structural calculations, a WQMP report, full site plans with arc, and grading plans. The asking price for this remarkable property is $1,250,000.

    Property Features for 0 Nec Murrieta Rd

    General Information

    Property type
    Land
    Lot Size
    378,972 SF

    HighLights

    • Public Facilities (PF) zoning allows diverse community‑serving uses.
    • 8.7‑acre site at the NEC of Murrieta & Holland Roads, Menifee, CA, suitable for public/institutional uses.
    • Potential for residential development via GP/ZC amendment to RA‑1 zoning.
    • RA‑1 zoning allows creation of 5 premium residential lots (4 large lots + 1 remainder parcel) accessed via private easement.
    • Rezoning estimated at 1.5 years.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.20628788029
    Latitude
    33.672024575108

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    FAQs

    What type of property is this?
    Land - Prime Menifee commercial/residential land
    Where is this land located?
    The property is located at Nec Murrieta Rd Menifee, CA.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: Public Facilities (PF) zoning allows diverse community-serving uses.; 8.7-acre site at the NEC of Murrieta & Holland Roads, Menifee, CA, suitable for public/institutional uses.; Potential for residential development via GP/ZC amendment to RA-1 zoning.
    Request Owner's contact information
    Nec Murrieta Rd Menifee, CA 92584
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    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
    Nec Murrieta Rd Menifee, CA 92584
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