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27987 Jefferson, Menifee, CA 92585

$245,500
  • 27987 Jefferson, Menifee, CA 92585 Main Photo

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New to the Market Active
MLS#SW26153260
STATUSActive PROPERTY TYPECommercial - Business

Listing Courtesy of: eXp Realty of California, Inc.
Agency Phone: 888-832-7179
Associate Name: Cecilia Mutia
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Listing Shown by: Farrell Smyth, Inc.
Agency Phone: 805-543-2172


Property 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. Dont miss out on this great opportunity. Professional pictures and aerial photos forth coming.

27987 Jefferson | MLS# SW26153260

This commercial property located at 27987 Jefferson, Menifee, CA 92585 is currently listed for sale with an asking price of $245,500. Search Menifee real estate on www.farrellsmyth.com today.

Property Features

Property Type: Commercial - Business
Lot Size: 0.50 Acres
Stories: 1.0

Feature Descriptions

Days on Site: 4
Fencing: Chain Link
Laundry: None
Lot: 6-10 Units/Acre
Parcel#: 329182002
Utilities: Sewer Connected
Water: Public

Listed By / Shown By

Listed By

Agency Name: eXp Realty of California, Inc.
Agent Name: Cecilia Mutia
Agency Phone: 888-832-7179

Shown By

Agency Title: Farrell Smyth, Inc.
Agency Phone: 805-543-2172

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