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34790 Frederick St 5.28 Acres of Industrial Land Offered at $4,899,000 in Wildomar, CA 92595

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INVESTMENT HIGHLIGHTS

  • Zoned Light Industrial M-SC with many approved uses
  • Baxter Village Class A project currently under construction nearby- Kaiser Permanente project completed
  • Immediate freeway access to I-15 for easy travel to San Diego or Orange County
  • Located near the West Offramp with plans for a hotel and Class A retail
  • Current business operates at full capacity with zero signage or advertising
  • Split lot potential- adding value

EXECUTIVE SUMMARY

Make sure to take a look at the attached list of approvals for the light industrial zone M-SC. The city has invested significant resources in planning for the future and is now requiring new entitlements. This lot is going to be a crucial location for a high-end development, situated off the 15 freeway at the branded offramp "Wildomar Trail." The offramp is currently being developed and will feature a 3-story Kaiser Permanente facility (completed), a 102-room hotel, multifamily housing, and Baxter Village, among other developments. It's a great opportunity to acquire this asset given the ongoing construction at the branded freeway offramp. There's also a new Popeyes under construction. A new traffic light has been installed at Monte Vista, and road widening is underway on Bundy. With numerous housing starts and good schools, there's a growing demand for self-storage. Don't miss out on the chance to be part of the growth here – make your offer now!

PROPERTY FACTS

Price $4,899,000
Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Distribution
  • Hold For Development
  • Parking Lot
  • Police or Fire Station
  • Research and Development
  • Restaurant
  • Retail Warehouse
  • Self Storage
  • Veterinarian or Kennel
Total Lot Size 5.28 AC
Zoning M-SC - LIGHT INDUSTRIAL

1 LOT AVAILABLE

Lot

Price $4,899,000
Price Per AC $927,840.03
Lot Size 5.28 AC

Mostly flat and all graded. A tiered area offers a turnabout and flat area. Electric, well water, main commercial 12"water line to site. Sellers considering a lot line adjustment to reduce to under 5 acres. Call for more details

DESCRIPTION

The property at 34790 Frederick St is zoned Light Industrial and spans over 5.28 acres, featuring a flat section and a gently terraced second section. This presents a rare and exceptional opportunity for your own use or development plans. The zoning permits a wide range of potential projects, and the city is fully prepared to assist with the entitlement process, ensuring a seamless process for your venture. Situated near the freeway with direct access from the Wildomar Trail freeway onramp and offramp, this property is positioned in a rapidly developing area, attracting prestigious projects such as a 102-room hotel, a three-story Kaiser Permanente facility, Class A retail spaces, and a large multifamily and townhome development. The area's exceptional demographic strength is heightened by Kaiser Permanente's substantial patient base. In close proximity to Menifee and Temecula and just an hour's drive from San Diego and Long Beach, this prime location offers unrivaled access. Moreover, Wildomar's easy access to major ports makes it an unparalleled hub for distribution, manufacturing, fulfillment, and logistics. Don't hesitate to seize this extraordinary opportunity. Arrange a tour with the listing broker today to explore the possibilities. Additionally, 34790 Frederick features a 12" water main, a commercial fire hydrant, and future access to 3-phase electric, further heightening its appeal for industrial needs. This standout investment opportunity is unlike any other parcel of land in the area.

  • Listing ID: 26519399

  • Date on Market: 8/30/2022

  • Last Updated:

  • Address: 34790 Frederick St, Wildomar, CA 92595

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