Property profile

26110 Byers Rd Menifee, CA 92585

OFF-MARKET
Mixed-use properties
Property ID
US09-0267338
1,456 SF 4.77 ac lot Built 2000
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Property summary

AI-generated overview

This exceptional 4.77-acre property in Menifee, California, presents a unique investment opportunity. Located within the Romola Farms development at 26110 Byers Road, this mixed-use parcel boasts significant potential for a variety of commercial and residential uses. Currently featuring a manufactured home and a detached garage, the land is situated in an area recently rezoned under the Economic Development Corridor - Northern Gateway (EDC-NG). This rezoning opens the door to a wide range of development possibilities, including but not limited to residential, commercial, office, civic, industrial, entertainment, and educational uses. The property's zoning envisions primarily non-residential development, with residential uses playing a complementary role. The existing structures offer immediate usability while the expansive acreage provides ample room for future expansion and development. With its prime location and flexible zoning, this property is ideally suited for an ambitious developer seeking to capitalize on the burgeoning Menifee market. The 1,456 square foot manufactured home and detached garage provide existing structures on the site. This is a rare opportunity to acquire a large parcel of land with significant development potential in a rapidly growing area. The property is priced at $4,950,000.

Property profile

Verified
Property type Mixed-use properties
Year built 2000
Total area 1,456 SF
Lot 4.77 ac (207,781 SF)
UPID US09-0267338

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

26110 Byers Rd Menifee, CA 92585
Menifee metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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