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Menifee Road cross Watson Road
Menifee, CA 92585
Vacant land · Land For Sale
·
13.39 AC


Investment Highlights
- Excellent residential development opportunity in the City of Menifee
- APN 329-320-020 (6.69 acres) and 329-320-023 (6.7 acres) total +- 13.39 acres, the price is for both lots
Executive Summary
Property Facts
| Sale Type | Investment | Property Subtype | Residential |
| No. Lots | 1 | Proposed Use | |
| Property Type | Land | Total Lot Size | 13.39 AC |
| Zoning | RR1 - One-Family Residential | ||
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 13.39 AC |
| Zoning | RR1 - One-Family Residential |
1 Lot Available
Lot
| Price | $1,080,000 | Lot Size | 13.39 AC |
| Price Per AC | $80,657.21 |
| Price | $1,080,000 |
| Price Per AC | $80,657.21 |
| Lot Size | 13.39 AC |
APN 329-320-020 (6.69 acres) and 329-320-023 (6.7 acres) total +- 13.39 acres, the price is for both lots and need to be sold together.
Description
Excellent residential development opportunity in the City of Menifee. This land is located on Menifee Road cross Watson Road. RR1 zoning flat and side by side double lots in a rapid developing neighborhood close Freeway 215 and Highway 74. Menifee is one of the fastest growing cities in California. The lots are surrounding by single family houses, newer tract homes, Heritage High School and Romoland Library just a few minutes away. APN 329-320-020 (6.69 acres) and 329-320-023 (6.7 acres) total +- 13.39 acres, the price is for both lots and need to be sold together. According to current City land use category, RR1 zoning may allow one detached residence of 1 acre and may allow small scale home-based business operations; buyer to verify relevant information and desired future use with City. The land does not have actual address yet.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $861,318 | Total Assessment | $861,318 |
