27701 Scott RdMenifee, CA 92584

Property Details for 27701 Scott Rd

Year built

2012

Construction

WOOD

Lot size

2.96 AC

Property size (Sq ft)

19,283 SF

Property type

Retail properties

Property subtype

Strip malls

APN

384-180-040

APU

384180040

Description

The Shops at Scott, located at 27701 Scott Rd in Menifee, California (zip code 92584), offers exceptional retail opportunities in Riverside County. This multi-tenant property boasts a total of 528,000 square feet, providing a diverse range of space options. Currently, there are 20,566 square feet of vacant retail space available for lease, divisible into units ranging from a minimum of 1,236 square feet to a maximum contiguous space of 7,000 square feet. This presents a unique opportunity for businesses seeking flexible and adaptable retail spaces to suit their specific needs. The property's strategic location in Menifee, California offers excellent visibility and accessibility, making it an ideal location for attracting customers. The Shops at Scott provides a vibrant and thriving retail environment, perfect for businesses looking to establish a strong presence in a growing community. Interested parties are encouraged to inquire about available spaces and lease terms. The property is categorized as storefront retail and is situated at 33.6411322 latitude and -117.1747289 longitude.

• CAP approach

  CAP return

  Valuation

  6%

  $7,790,630

  6.5%

  $7,191,350

  7%

  $6,677,682

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,524,334

  Geo Method

  $17,103,334

• Alternative Use

  Use

  Valuation

  Residential

  $6,066,174

  Hospitality

  $5,556,582

  Educational

  $4,623,011

  Medical

  $4,782,004

  Retail

  $7,191,350

Location Insight

City

Menifee

County

Riverside

State

California

Latitude

33.6402

Longitude

-117.174

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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