0 Haun Rd And Ln Piedra Rd Menifee, CA 92584
This exceptional 27.62-acre commercial land offering presents a remarkable development opportunity in Menifee, California. Comprising five parcels (APN: 364-450-007, 364-450-002, 364-450-001, 364-450-003, 364-450-004), this property boasts over 977 feet of prime frontage along Interstate 215, providing unparalleled visibility and accessibility. The EDC-CC zoning allows for a diverse range of commercial uses. Its strategic location adjacent to the thriving Countryside Marketplace, a high-performing shopping center anchored by major retailers such as Target, Lowe's, and Sprouts, ensures high traffic volume and a strong customer base. Furthermore, the property's proximity to Mt. San Jacinto College, with its substantial student population, presents additional market potential. The recent completion of the Holland Road overpass significantly improves traffic flow in the area, enhancing the property's desirability. This site is directly connected to the Menifee Town Center Master Plan, which includes a new justice center, a K-12 school, and numerous residential units, promising continued growth and development in the surrounding area. The asking price for this significant land parcel is $22,000,000. This property represents a unique investment opportunity in a rapidly expanding market.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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