28067 State Highway 74 5.22 Acres of Commercial Land Offered at $5,002,200 CAD in Menifee, CA 92585
INVESTMENT HIGHLIGHTS
- Located Along State Hwy-74 (30,500 VPD) | Various Permitted Uses Near Interstate 215 (97,000 VPD) | Rare 5+ Acre Lot Opportunity
- Strong Demographics In 5-Mile Trade Area | Inland Empire MSA
EXECUTIVE SUMMARY
• The lot has excellent visibility and significant street frontage along State Highway 74 (30,500 VPD)
• The site encompasses 5.22 acres, providing an abundant amount of land for substantial development and many uses
• The subject property is zoned Business Park, allowing for a wide variety of potential uses including light manufacturing and corporate offices
• Less than 3-miles from on/off ramps of Interstate 215 (97,000 VPD), a major north/south highway serving travelers throughout the San Bernardino-Riverside counties and Southern California
• Nearby national/credit tenants includes Home Depot, Target, Lowe’s, Best Buy, Ralphs, WinCo Foods, Vons, Stater Bros, and fast-food retailers In-N-Out, Chick-fil-A, and Raising Cane’s
• Less than 1-mile from Heritage High School (2,500+ students)
• The site encompasses 5.22 acres, providing an abundant amount of land for substantial development and many uses
• The subject property is zoned Business Park, allowing for a wide variety of potential uses including light manufacturing and corporate offices
• Less than 3-miles from on/off ramps of Interstate 215 (97,000 VPD), a major north/south highway serving travelers throughout the San Bernardino-Riverside counties and Southern California
• Nearby national/credit tenants includes Home Depot, Target, Lowe’s, Best Buy, Ralphs, WinCo Foods, Vons, Stater Bros, and fast-food retailers In-N-Out, Chick-fil-A, and Raising Cane’s
• Less than 1-mile from Heritage High School (2,500+ students)
PROPERTY FACTS
| Price | $5,002,200 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 5.22 AC |
1 LOT AVAILABLE
Lot
| Price | $5,002,200 CAD |
| Price Per AC | $958,275.90 CAD |
| Lot Size | 5.22 AC |
1 of 1
PROPERTY TAXES
| Parcel Number | 331-190-033 | Improvements Assessment | $0 CAD |
| Land Assessment | $2,400,322 CAD | Total Assessment | $2,400,322 CAD |
ZONING
| Zoning Code | BP (Business Park) |
