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    26420 Palomar Rd Menifee, CA 92585-9811
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    Property profile & analytics

    26420 Palomar Rd, Menifee, CA 92585-9811

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    • Manufacturing properties
    • 2,300 SF
    • 3.58 lot acres
    Off-Market
    Last Sale Jul 9, 2025
    Property ID
    US09-0614731
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $630,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Manufacturing properties

    Property Details for 26420 Palomar Rd

    Year built
    1980
    Construction
    WOOD
    Lot size
    3.58 lot acres
    Zone code
    RR
    Property type
    Manufacturing properties
    APN
    331-220-043
    APU
    331220043

    Description

    This exceptional Menifee, CA industrial property offers a unique investment opportunity. Situated on a 3.58-acre lot, the property comprises three buildings: a warehouse (approximately 6,000 sq ft), an office building (approximately 2,418 sq ft), and a shop (approximately 2,500 sq ft). Currently leased until June 2026, this property benefits from industrial zoning allowing for diverse uses including warehousing, distribution, light manufacturing, repair facilities, business parks, corporate offices, research and development, technology centers, and clean industry. The flexible zoning also permits employee-intensive uses and supports hotel and retail developments, offering significant expansion or redevelopment potential. The property's development density is flexible within the allowable floor area ratio. The owner is transferring the entitlement process, including an executed easement option valued at double the approximate cost of the proposed entitlement. Conveniently located just one mile from the 215 Freeway, and within 25 minutes of Perris, Riverside, and Temecula, this property offers excellent accessibility. Utilities include city water, generators for power, septic, and propane systems. The property is being sold as-is


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $750,000
      Market price range: $360k - $751k
      AI Estimate
      $808,000
      Market price range: $101k - $809k
    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $515,000
      Current use
      AUTO REPAIR, GARAGE
      $995,000
      Change: +94% Conversion: Easy
      RETAIL STORES
      $760,000
      Change: +48% Conversion: Moderate
      WAREHOUSE, STORAGE
      $680,000
      Change: +32% Conversion: Easy
      MEDICAL BUILDING
      $630,000
      Change: +23% Conversion: Difficult
      OFFICE BUILDING
      $625,000
      Change: +22% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Menifee
    County
    Riverside
    State
    California
    Longitude
    -117.162
    Latitude
    33.737
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $23,320
    $897,600
    $1,244,400
    $2,142,000
    -
    $0.00
    $0.00
    $0.00
    More about this property
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