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27195 Newport Road - ±4.77 Acres | Newport Road | Menifee 4.77 Acres of Commercial Land Offered at $6,000,000 in Menifee, CA 92584
Investment Highlights
- 4.77 Acres of Commercial Land on Newport Road
- Approximately 350 Feet of Newport Road Frontage
- Commercial Development Opportunity in Growing Menifee
- Five Contiguous Parcels Offered Together
- Level, Usable Site Near the I-215 Corridor
Executive Summary
The property consists of APNs 360-050-031, 360-050-032, 360-050-033, 360-050-034 and 360-050-035 and is located within the Cal Neva Specific Plan, Planning Area 2-4.
The site offers approximately 4.77 acres of flat, usable land in one of Menifee's growing commercial corridors. Restaurant and office uses are among the uses identified within the applicable planning area, with additional commercial uses potentially available subject to City review and approval.
Offered at $6,000,000.
Buyers and their representatives should independently verify zoning, permitted uses, utilities, development requirements, parcel dimensions, acreage and all other information with the City of Menifee and appropriate agencies.
Property Facts
1 Lot Available
Lot
| Price | $6,000,000 | Lot Size | 4.77 AC |
| Price Per AC | $1,257,861.64 |
| Price | $6,000,000 |
| Price Per AC | $1,257,861.64 |
| Lot Size | 4.77 AC |
Five contiguous commercial parcels totaling approximately 4.77 acres along Newport Rd. Level site with approx. 350 FT of frontage. APNs 360-050-031 through 360-050-035. Parcels offered together.
Description
Approximately 4.77 acres of commercial land located along Newport Road in Menifee, offered as five contiguous parcels. The property provides approximately 350 feet of Newport Road frontage and is positioned near the I-215 corridor in a rapidly developing area of Menifee. The offering consists of APNs 360-050-031, 360-050-032, 360-050-033, 360-050-034 and 360-050-035. The property is generally level and located within the Cal Neva Specific Plan, Planning Area 2-4. The site offers potential for a variety of commercial uses subject to City approval. Restaurant and office uses are among the uses identified within the applicable planning area. The property's size, Newport Road frontage and five-parcel configuration provide flexibility for future commercial development. Sale Price: $6,000,000. Buyer and buyer's representatives to independently verify acreage, parcel boundaries, frontage, zoning, permitted uses, utilities, development requirements and all other information with the City of Menifee and appropriate agencies.
Contact the Sale Advisor
27195 Newport Road - ±4.77 Acres | Newport Road | Menifee