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Property profile & analytics
OFF-MARKET
Land

0 Nec Murrieta Rd Menifee, CA 92584

8.7 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 8.7-acre parcel, located at the Northeast corner of Murrieta Road and Holland Road in Menifee, California (zip code 92584, APN 360-040-014), presents a unique investment opportunity. Currently zoned PF (Public Facilities), this property offers a wide array of potential uses, including religious institutions, educational facilities, government/public services, healthcare, and recreational facilities. The property boasts convenient street-level frontage and easy access to major roads and highways. The nearing completion of the Holland Overpass at the I-215 freeway promises improved cross-community traffic flow, further enhancing the property's accessibility and desirability. A compelling future use involves a General Plan/Zoning Code amendment to RA-1 (1 Acre Residential) zoning. This rezoning, projected to take approximately 1.5 years, would allow for the creation of five premium residential lots (four 1-acre lots and one remainder parcel), all accessed via a private easement for enhanced privacy. Available upon request are supporting documents including PC Approval with COCs, City of Menifee correspondence, structural calculations, a WQMP report, full site plans with arc, and grading plans. The asking price for this remarkable property is $1,250,000.

Property profile
Verified
Property type Land
Lot 8.7 ac (378,972 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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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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