W I-215 And N Newport Rd
Menifee, CA 92584
Land For Sale
·
1.62 AC
Property Facts
Description
This opportunity to acquire a rough-graded, improved parcel of land which is entitled for a 71 room hotel. The site is within the hub of the community which currently does not have a hotel. This growing community has an average household income of $63,453 and a current estimated population of 86,385. Located close to the on-off ramp to Interstate 215 at the NEC of Newport Road in the City of Menifee. The adjacent Menifee Lakes Golf Course has weddings and other events which this hotel could benefit from. The adjacent retail center will be under construction soon and will be anchored by LA Fitness. The Mt. San Jacinto Community College is close by and serves over 14,600 students. Loma Linda Medical Center is located along I-215 corridor and Kaiser Permanente is in escrow for a site as well.
Property Taxes
| Parcel Number | 340-620-001 | Improvements Assessment | $1,674,690 |
| Land Assessment | $1,407,161 | Total Assessment | $3,081,851 |
Property Taxes
