Property profile

Bailey Park Blvd Menifee, CA 92584

OFF-MARKET
Industrial properties
1,000 SF 1.96 ac lot
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Property summary

AI-generated overview

This exceptional 1,000 square foot industrial property, situated on a substantial 1.96-acre lot in Menifee, CA, presents a compelling investment opportunity. The property boasts a flat, fenced layout, ideally suited for a variety of commercial uses. Its strategic location within Menifee, a rapidly expanding city, ensures significant future growth potential. The property is zoned C1/CP/SC, offering multiple usage possibilities, both current and future. Detailed zoning information and development data are readily available through provided links to the City of Menifee's official resources. The progressive city government actively promotes investment and sustainable growth, making this a particularly attractive proposition. Note that an adjacent 1.84-acre parcel (MLS # OC24152831, located at 33235 Bailey Park Blvd) is also available, featuring a rental unit, septic system, outdoor restroom, lighting, landscaping, and complete fencing with two gates. This presents a unique opportunity to acquire a larger contiguous land holding in a high-growth area. The provided links offer comprehensive information on approved uses for the zoning classification and further development details for the area. This is a rare chance to capitalize on Menifee's burgeoning commercial sector. The asking price for this exceptional property is $750,000.

Property profile

Verified
Property type Industrial properties
Total area 1,000 SF
Lot 1.96 ac (85,378 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Bailey Park Blvd Menifee, CA 92584
Menifee metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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