26110 Byers Rd Menifee, CA 92585
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.