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28067 State Highway 74 5.22 Acres of Commercial Land Offered at $3,500,000 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 | $3,500,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 5.22 AC |
| Zoning | BP - Business Park | ||
| Price | $3,500,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 5.22 AC |
| Zoning | BP - Business Park |
1 Lot Available
Lot
| Price | $3,500,000 | Lot Size | 5.22 AC |
| Price Per AC | $670,498.08 |
| Price | $3,500,000 |
| Price Per AC | $670,498.08 |
| Lot Size | 5.22 AC |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Some public transit
50/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 331-190-033 | Improvements Assessment | $0 |
| Land Assessment | $1,742,387 | Total Assessment | $1,742,387 |
Property Taxes
Parcel Number
331-190-033
Land Assessment
$1,742,387
Improvements Assessment
$0
Total Assessment
$1,742,387
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28067 State Highway 74
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