Commercial Sale in Menifee

$245,500

27987 Jefferson, 92585, Menifee, CA

Commercial Sale for sale in Menifee, 27987 Jefferson, 92585

27987 Jefferson, 92585, Menifee, CA

$245,500

Type: Commercial Sale

Description

This is the land play small builders have been waiting for in Menifee. Two legal parcels totaling 0.50 acres (21, 780 SF), zoned High Density Residential (HDR) per City of Menifee Development Code §9.130.020.F — supporting up to 10–12 units depending on structure type and entitlement. Menifee is one of Southern California's fastest-growing cities (110, 000+ residents, +32% since 2010). 2BD rents at $2, 100–$2, 400/mo. Multifamily vacancy sub-5%. Strategically positioned near I-215 (25 mi south of Riverside, 15 mi north of Temecula), walking distance to elementary school, park, shopping is minutes away, and Menifee employment nodes. Two parcels (APN 329-182-002/ 15, 246 sq ft lot and APN 329-182-001/6, 534 sq ft lot) may be merged for a unified site plan or developed independently for phased financing. Buyer to verify zoning, entitlements, and all development feasibility with City of Menifee Planning Dept. The fire-damaged structure has been board-secured, lot has been cleared of vegetation, and it is ready for your architect and civil engineer. No HOA. Public sewer and water are already connected to the site, a significant cost advantage over raw land. Not ready to build that is ok just hold on to it until the time is right. Don’t miss out on this great opportunity.

Location

27987 Jefferson, 92585, Menifee, CA

Data

Object TypeCommercial Sale
Purchase Price$245,500
Living Space0 m²
Plot Size2023.43 m²
BathroomsN/A
Construction YearN/A
ConditionNot specified
RoomsN/A

Energy Information

No energy information available

Contact Agent

Listing Agent