Current Use by Public Records
- Land
Property Details for 0 Palomar Rd
- Lot size
- 7.05 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 7.05-acre (307,098 square foot) industrial land parcel presents a remarkable development opportunity in Menifee, California. Located on Palomar Rd, in Riverside County (APN 331-240-008), this property is zoned for Industrial - Business Park/Light Industrial use, making it suitable for a variety of industrial projects, including warehousing and storage. The site benefits from its location in a rapidly expanding area of Menifee, a city experiencing significant population growth and new residential construction. This infill location offers easy access to infrastructure, with sewer and water readily available on Palomar Rd. The property's proximity to the 215 freeway (less than a 10-minute drive) provides excellent connectivity to regional transportation networks. While the property is well-suited for various industrial uses, potential buyers are advised to independently verify all allowable uses and development requirements with the city of Menifee. This offering is priced at $2,763,882 and is available for a 1031 exchange. This is a rare opportunity to acquire a strategically located industrial land parcel in one of Southern California's fastest-growing markets.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Menifee
- County
- Riverside
- State
- California
- Longitude
- -117.163
- Latitude
- 33.7301
