Property profile

33235 Bailey Park Blvd Menifee, CA 92584

OFF-MARKET
Land
Property ID
US09-6241815
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Property summary

AI-generated overview

This exceptional 80,150 square foot commercial and industrial land parcel presents a compelling investment opportunity in Menifee, California. Located at 33235 Bailey Park Blvd, Menifee, CA 92584, this nearly two-acre lot boasts a flat, fenced layout, ideal for immediate development. The property is zoned C-1/C-P/SC, offering diverse usage possibilities. Currently, a three-bedroom, two-bathroom manufactured home generates rental income, offsetting holding and development costs. This property benefits from its strategic position within Menifee's rapidly expanding commercial corridor, surrounded by new residential and commercial projects. The city's ongoing growth ensures strong future potential. An adjacent, similarly sized parcel is also available for a combined purchase or short-term lease. The asking price is $1,377,000, translating to $17.46 per square foot. The Assessor's Parcel Number (APN) is 384-180-011. This privately owned land presents a unique chance to capitalize on Menifee's thriving market. Detailed zoning information is available through the City of Menifee.

Property profile

Verified
Property type Land
UPID US09-6241815

Cap rate & NOI

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

Location

33235 Bailey Park Blvd Menifee, CA 92584
Menifee metro
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Value estimations

Realmo proprietary · 4 methods
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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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