Current Use by Public Records
- Land
Property Details for 0 Ethanac Rd
- Lot size
- 0.91 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 0.91-acre commercial/industrial lot in Menifee, CA, presents a unique investment opportunity. Located on Ethanac Road, a major east-west artery bordering Menifee and Perris, the property boasts approximately 132 feet of road frontage, ensuring high visibility and accessibility. Its strategic location provides quick access to the I-215 freeway, further enhancing its appeal. The property has been in the same family for almost a century. This parcel is situated within the Northern Economic Development Corridor (EDC) zoning in Menifee, a rapidly growing area characterized by new housing developments and an expanding warehousing and light industrial sector. The EDC zoning permits a wide variety of commercial uses, including but not limited to retail establishments, restaurants, light and medium-intensity manufacturing (heavy intensity with a Conditional Use Permit), warehousing, various service businesses, and more. The permitted uses also encompass a range of options such as medical clinics, banks, car washes, and even breweries with on-site tasting rooms. This versatile zoning makes the property suitable for a diverse range of commercial ventures. The property's size, location, and zoning create a compelling opportunity for developers and investors seeking a foothold in this thriving Southern California market. The APN is 331110003. The asking price is $480,000.
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
- -117.184
- Latitude
- 33.7429
