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Property profile & analytics
OFF-MARKET
Land

0 Bailey Park Blvd Menifee, CA 92584

1.96 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 1.96-acre parcel presents a compelling investment opportunity in Menifee, California's thriving commercial sector. Located off the 215 Freeway near Scott Road, this flat, fenced property boasts a highly desirable C-1/C-P/SC zoning designation, offering diverse development potential. Situated in the heart of Menifee's burgeoning commercial corridor, this land benefits from its strategic position amidst significant residential and commercial growth. The property's location promises substantial returns, given Menifee's rapid expansion and the city's ongoing commitment to attracting new investments. This prime location offers excellent visibility and accessibility, making it ideal for a wide range of commercial uses. The parcel's size and zoning provide ample flexibility for various development projects, catering to both immediate and long-term investment strategies. The property's flat terrain simplifies development, minimizing site preparation costs and accelerating project timelines. Furthermore, the adjacent parcel, also owned by the current seller, presents a unique opportunity for a combined purchase or a short-term lease arrangement, offering significant potential for economies of scale or phased development. The APN is 384-180-012. This is a rare chance to acquire a substantial land holding in one of Southern California's fastest-growing cities. Detailed zoning information and development guidelines are readily available through the City of Menifee. The asking price for this exceptional property is $750,000.

Property profile
Verified
Property type Land
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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