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0 Ethanac - Commercial/ Retail with Frontage

0.91 Acres of Commercial Land Offered at $480,000 in Menifee, CA 92585

Investment Highlights

  • Commercial Retail with Frontage
  • Just Off I-215
  • Economic Development Cooridor North Gate
  • High Traffic Location- 12,400 cars per day
  • Uniquely Situated Commercial/Retail Zone In A Fast Growing Warehouse/Light Industrial Cooridor
  • New Housing Developments in Place and Planned Nearby

Executive Summary

This .9-acre lot has been in the owner's family for nearly 100 years. It is a great high-traffic location, with quick access to and from the I-215 freeway, and has Ethanac Road frontage/access (approx.132 ft.). "Potential driveway access to Ethanac traffic, estimated to be 12,400 vehicles per day, per 2024 draft environmental impact review".Ethanac Road is the main east-west traffic artery at the border of Menifee and Perris. The property is in a uniquely situated Commercial/Retail zone, in a fast-growing warehousing and light industrial area of Menifee, with new housing developments in place and planned nearby. The following are permitted for use on the Northern Economic Development Corridor (EDC) in Menifee: Ambulance services, Art gallery, art studio, Library, reading room, Museum, Auction Houses, Banks and financial institutions, Batting cages, Billiard and pool halls, Bowling alleys, Breweries, distilleries, and wine making facilities with on-site tasting room and sales for off-site consumption, Business Services, Car Washes, Caretaker residence, Catering Services, Clinics, including but not limited to medical and urgent care, Community Center, Bar/Nightclub (with CUP), Day Care Center (with CUP), Truck/Trailer/Equipment sales (new), Fast Food/Quick Service, Gas Station (with CUP), General Retail, General Warehousing, Governmental Facility, Hardware or Building Supplies Sales, Health, fitness, dance, martial arts studio, Hotels, Resorts, Laboratories, research and development, Manufacturing-Light & Medium Intensity (heavy Intensity with CUP), Massage Establishment, Motor vehicle body, paint and upholstery shops, Mobile Home & Trailer Sales, Motor vehicle repair/services (e.g. tune-ups, emission tests, brakes, tires, batteries, electrical, Motorcycle sales/service, Multi-family dwellings (with CUP), Offices (professional and medical), Public utility substations, offices and storage buildings, Pet shops, pet supply, and pet care and grooming, Restaurants, Restaurants with ancillary breweries, distilleries and/or wine making facilities with sales for on-site and off-site consumption, Shooting range; Indoor, Vocational/trade school, Warehouse/club store, Standalone facility under 50,000 sq. ft., Wholesale businesses with samples on the premises but not including storage.

Data Room Click Here to Access

Property Facts

Price $480,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Carwash
  • Hold For Development
Total Lot Size 0.91 AC
Cross Streets Trumble

1 Lot Available

Lot

Price $480,000
Price Per AC $527,473
Lot Size 0.91 AC

Flat easily buildable lot in a great high-traffic location, with quick access to and from the I-215 freeway, and has Ethanac Road frontage/access (approx.132 ft.). Ethanac Road is the main east-west traffic artery at the border of Menifee and Perris

Description

This .9-acre lot has been in the owner's family for nearly 100 years. It is a great high-traffic location, with quick access to and from the I-215 freeway, and has Ethanac Road frontage/access (approx.132 ft.). "Potential driveway access to Ethanac traffic, estimated to be 12,400 vehicles per day, per 2024 draft environmental impact review". Ethanac Road is the main east-west traffic artery at the border of Menifee and Perris. The property is in a uniquely situated Commercial/Retail zone, in a fast-growing warehousing and light industrial area of Menifee, with new housing developments in place and planned nearby. The following are permitted for use on the Northern Economic Development Corridor (EDC) in Menifee: Ambulance services, Art gallery, art studio, Library, reading room, Museum, Auction Houses, Banks and financial institutions, Batting cages, Billiard and pool halls, Bowling alleys, Breweries, distilleries, and wine making facilities with on-site tasting room and sales for off-site consumption, Business Services, Car Washes, Caretaker residence, Catering Services, Clinics, including but not limited to medical and urgent care, Community Center, Bar/Nightclub (with CUP), Day Care Center (with CUP), Truck/Trailer/Equipment sales (new), Fast Food/Quick Service, Gas Station (with CUP), General Retail, General Warehousing, Governmental Facility, Hardware or Building Supplies Sales, Health, fitness, dance, martial arts studio, Hotels, Resorts, Laboratories, research and development, Manufacturing-Light & Medium Intensity (heavy Intensity with CUP), Massage Establishment, Motor vehicle body, paint and upholstery shops, Mobile Home & Trailer Sales, Motor vehicle repair/services (e.g. tune-ups, emission tests, brakes, tires, batteries, electrical, Motorcycle sales/service, Multi-family dwellings (with CUP), Offices (professional and medical), Public utility substations, offices and storage buildings, Pet shops, pet supply, and pet care and grooming, Restaurants, Restaurants with ancillary breweries, distilleries and/or wine making facilities with sales for on-site and off-site consumption, Shooting range; Indoor, Vocational/trade school, Warehouse/club store, Standalone facility under 50,000 sq. ft., Wholesale businesses with samples on the premises but not including storage.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
331-110-003
Land Assessment
$76,466
Improvements Assessment
$0
Total Assessment
$76,466

zoning

Zoning Code EDCNG (Economic Development Corridor North Gate)
EDCNG (Economic Development Corridor North Gate)
  • Listing ID: 29150149

  • Date on Market: 7/31/2023

  • Last Updated:

  • Address: 0 Ethanac, Menifee, CA 92585

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