Property profile

33520 Zeiders Rd Menifee, CA 92584

FOR LEASE
Distribution centers
Property ID
US09-5332675
227,434 SF Built 2023
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Menifee, California industrial property comprises three warehouse buildings located at 33520, 33540, & 33580 Zeiders Rd, encompassing a total of 544,115 square feet of vacant space. Currently available for lease, this multi-tenant property offers flexible options with minimum divisible space of 93,575 square feet and a maximum contiguous space of 229,934 square feet. The buildings boast impressive 32'-36' ceiling heights, making them ideal for various industrial and commercial uses. Logistics are streamlined with 107 dock-high doors and ample parking for 689 vehicles. The property sits on a substantial land area ranging from 6.19 to 17.19 acres, providing significant expansion potential. Power is robust, featuring 2,000 AMPS 277/480 V, 3-phase service. Located in Riverside County, this prime Menifee location offers easy access to major transportation arteries, making it an attractive option for businesses seeking efficient distribution and operations. The property is zoned for retail and industrial use. This is a rare opportunity to secure a large-scale warehouse space in a thriving Southern California market.

Property profile

Verified
Property type Distribution centers
Use group DISTRIBUTION WAREHOUSE
Year built 2023
Construction TILT-UP CONCRETE
Total area 227,434 SF
APN 384-150-021
UPID US09-5332675

Cap rate & NOI

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

Location

33520 Zeiders Rd Menifee, CA 92584
Menifee metro Census 43279 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$39.53M
Comparable Approach Comparable
by Request
Blend (final) Blend
$57.83M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Retail stores $75.3M +12.0%

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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More about this property
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