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    33235 Bailey Park Blvd Menifee, CA 92584

    Sponsored
    For Sale
    $1,377,000

    Prime Menifee land, ready to build.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 80,150 square foot commercial and industrial land parcel presents a compelling investment opportunity in Menifee, California. Located at 33235 Bailey Park Blvd, Menifee, CA 92584, this nearly two-acre lot boasts a flat, fenced layout, ideal for immediate development. The property is zoned C-1/C-P/SC, offering diverse usage possibilities. Currently, a three-bedroom, two-bathroom manufactured home generates rental income, offsetting holding and development costs. This property benefits from its strategic position within Menifee's rapidly expanding commercial corridor, surrounded by new residential and commercial projects. The city's ongoing growth ensures strong future potential. An adjacent, similarly sized parcel is also available for a combined purchase or short-term lease. The asking price is $1,377,000, translating to $17.46 per square foot. The Assessor's Parcel Number (APN) is 384-180-011. This privately owned land presents a unique chance to capitalize on Menifee's thriving market. Detailed zoning information is available through the City of Menifee.

    Property Features for 33235 Bailey Park Blvd

    General Information

    Property type
    Land

    HighLights

    • 80,150 SF commercial/industrial land parcel in Menifee, CA.
    • Located at 33235 Bailey Park Blvd, Menifee, CA 92584.
    • Flat, fenced, nearly two‑acre lot, ideal for immediate development.
    • Zoned C‑1/C‑P/SC, offering diverse usage possibilities.
    • Includes a three‑bedroom, two‑bathroom manufactured home generating rental income.
    • Situated in Menifee's expanding commercial corridor, surrounded by new development.
    Property Profile 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
    -117.1737269
    Latitude
    33.6384449

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    FAQs

    What type of property is this?
    Land - Prime Menifee land, ready to build.
    Where is this land located?
    The property is located at 33235 Bailey Park Blvd Menifee, CA.
    What is the asking price?
    The asking price for this property is $1,377,000.
    What are key features of this property?
    This property features: 80,150 SF commercial/industrial land parcel in Menifee, CA.; Located at 33235 Bailey Park Blvd, Menifee, CA 92584.; Flat, fenced, nearly two-acre lot, ideal for immediate development.
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    33235 Bailey Park Blvd 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
    33235 Bailey Park Blvd Menifee, CA 92584
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