Cottonwood St Moreno Valley, CA 92584
- Land
- 2.62 lot acres
Current Use by Public Records
- Land
Property Details for 0 Cottonwood St
- Lot size
- 2.62 lot acres
- Property type
- Land
Description
This exceptional 2.62-acre parcel in Menifee, CA (zip code 92584), presents a unique builder opportunity. Located on Cottonwood Street and Olive Street in Riverside County, this property consists of thirteen lots zoned R-R (Rural Residential), offering significant development potential. Ten lots are situated on Cottonwood Street, and three are on Olive Street, with individual lot sizes ranging from approximately 8,276 to 9,583 square feet. The land is priced at $1 per square foot, totaling $125,000 for the entire package. The lots can be purchased individually or as a complete package, providing flexibility for various development plans. Manufactured homes are permitted. Essential utilities, including power, are available, while propane, septic systems, and water tanks or wells are supported in the area. This charming rural community, nestled between Canyon Lake and Menifee, offers a blend of vacant land and existing single-family homes. Nearby amenities include Lake Elsinore (boating, fishing, etc.), Skylark Airport, a Soaring Club, Motorsports Park, and Diamond Baseball Field. The property's convenient location provides easy access to the I-15 freeway, connecting to major Southern California areas. The possibility of seller financing is available. The APN is 361101008. This presents a compelling investment opportunity in a rapidly growing area of Southern California.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Moreno Valley
- County
- Riverside
- State
- California
- Longitude
- -117.238
- Latitude
- 33.6504
