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Corner of Scott Rd & Murrieta NE corner rd - Scott Rd & Murrieta Rd NE Corner 20 AC +/- 20 Acres of Commercial Land Offered at $10,000,000 in Menifee, CA 92584

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INVESTMENT HIGHLIGHTS

  • Location Location Location
  • signalized corner lots on major Rd from 215 to the 15 with over 40,000+ daily traffic
  • 6 lane express way

EXECUTIVE SUMMARY

Highly desired corner lot, over 19+ Acres ready to be developed and transformed in to several options, such as Apartment complex, General retail with Gas station ,car wash, drive through restaurant, retail center, and or new subdivision of homes. This area is thriving new homes are being built and sold very rapidly. New development directly next to the lots, homes are selling for 1.5m to 2m. The street structing from Scott Rd & Murrieta RD, scheduled to be widened to 6 lane as and express lane, as city of Menifee approved 30 million for such road expansion project. The lots sets on great signalized corner of Scott Rd, & Murrieta rd., with over 40,000+ cars daily traffics connecting 215 from Scott Rd on to Bundy Canyon to the 15 freeway which also, scheduled to be lanes all the way from 215 to to the 15 freeway. The property set very high with full view of the Menifee valley

PROPERTY FACTS

Price $10,000,000
Sale Type Investment or Owner User
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Apartment Units - Condo
  • Carwash
  • Community Center
  • Drugstore
  • Fast Food
  • Hotel
  • Motel
  • Neighborhood Center
  • Planned Unit Development
  • Single Family Development
  • Strip Center
  • Supermarket
Total Lot Size 20.00 AC
Zoning R-A-1 - The city of Menifee is the fastest growing city in the coutnry with over 45 new track home built with the last 5 yeaes, and 30 under way, new schools

1 LOT AVAILABLE

Lot 360310006

Price $10,000,000
Price Per AC $500,000.00
Lot Size 20.00 AC

Highly desired corner lot, over 19+ Acres ready to be developed and transformed in to several options, such as Apartment complex, General retail with Gas station ,car wash, drive through restaurant, retail center, and or new subdivision of homes.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
360-310-006
Land Assessment
$884,340
Improvements Assessment
$0
Total Assessment
$884,340
  • Listing ID: 36537595

  • Date on Market: 6/29/2025

  • Last Updated:

  • Address: Corner of Scott Rd & Murrieta NE corner rd, Menifee, CA 92584

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