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Property profile & analytics
OFF-MARKET
Land

0 Montana St Menifee, CA 92587

7.76 ac lot
Property ID
Property summary
AI-generated overview

This exceptional 7.76-acre property in Menifee, California, presents a remarkable investment opportunity. Comprising two adjacent parcels (APN 350140007, Lot 348: 2.20 acres on Montana St; Lot 304: 5.47 acres on Ohio Place), this land boasts stunning Canyon Lake views. Both lots are situated at the end of paved cul-de-sacs, with water and electricity readily available in the streets. Recorded easements provide access to hilltop building sites. Zoned RM (Residential Mountainous), the City of Menifee permits one single-family residence, one 1,500 sq ft Accessory Dwelling Unit (ADU), and one 500 sq ft Junior ADU per lot, totaling three units per lot. The "Quail Valley Sewer Improvement Project," funded by the Eastern Municipal Water District, is underway, offering septic-to-sewer conversion at no cost to residents upon connection. Conveniently located off Goetz Rd. in the Quail Valley community, this property enjoys proximity to Goetz Rd., Railroad Canyon Rd., Highway 74, I-15, and I-215, providing easy commutes. The Menifee School District serves the area, and nearby amenities include shopping, services, schools, and the recreational opportunities of Lake Elsinore. Conceptual plans are available, showcasing potential development options. Buyers are advised to conduct their own due diligence. This is a truly unique opportunity to build your dream home(s) with breathtaking views.

Property profile
Verified
Property type Land
Lot 7.76 ac (338,026 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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