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28067 State Highway 74

5.22 Acres of Commercial Land Offered at $3,500,000 in Menifee, CA 92585

Investment Highlights

  • Located Along State Hwy-74 (30,500 VPD) | Various Permitted Uses Near Interstate 215 (97,000 VPD) | Rare 5+ Acre Lot Opportunity
  • Strong Demographics In 5-Mile Trade Area | Inland Empire MSA

Executive Summary

• The lot has excellent visibility and significant street frontage along State Highway 74 (30,500 VPD)
• The site encompasses 5.22 acres, providing an abundant amount of land for substantial development and many uses
• The subject property is zoned Business Park, allowing for a wide variety of potential uses including light manufacturing and corporate offices
• Less than 3-miles from on/off ramps of Interstate 215 (97,000 VPD), a major north/south highway serving travelers throughout the San Bernardino-Riverside counties and Southern California
• Nearby national/credit tenants includes Home Depot, Target, Lowe’s, Best Buy, Ralphs, WinCo Foods, Vons, Stater Bros, and fast-food retailers In-N-Out, Chick-fil-A, and Raising Cane’s
• Less than 1-mile from Heritage High School (2,500+ students)

Property Facts

Price $3,500,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Total Lot Size 5.22 AC

1 Lot Available

Lot

Price $3,500,000
Price Per AC $670,498
Lot Size 5.22 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
331-190-033
Land Assessment
$1,674,729
Improvements Assessment
$0
Total Assessment
$1,674,729

zoning

Zoning Code BP (Business Park)
BP (Business Park)
  • Listing ID: 32791168

  • Date on Market: 8/14/2024

  • Last Updated:

  • Address: 28067 State Highway 74, Menifee, CA 92585

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