Description
LOCATION: Menifee, Riverside County, CA TOTAL AREA: 8.38 Acres APN: 466-210-028 PRICE: $1,190,000.00 PRICE PER SF: $3.37/SF Current zoning is A.1.5, but the area is in review by the county to be rezone to Residential Medium Density. The 8.38 acre parcel is located right on the boundary line of The City of Menifee and Riverside County. Slightly sloped topography to the south, there's approximately 357 feet of frontage on Briggs Rd and over 600 feet of frontage on Wickerd and Gardner. To the west of the property Menifee ISD has begun clearing the land for 2 new schools. To the east Richmond Amercia is developing 4 communities with low density (approx. 7,200 SF) lots that are in various phases of construction. To the west of the subject property on Scott Rd, Meritage Homes is currently under construction and grading for additional single-family lots. For revenue during the permitting process, in the NW corner of the parcel, there's a newly remodeled 3/2 modular home with two car garage and carport, water well, 1500 gal septic system, 800 sqft shop, and two year lease in place at $2600/mo until June 30, 2025. Ready for the next development stage, the parcel coming out to the foundation later this year with a tenative tract map following soon thereafter. Clearly in the path of growth, the parcel is positioned for major appreciation and will be ready for developing the lots very soon! LOCATION: Menifee, Riverside County, CA TOTAL AREA: 8.38 Acres APN: 466-210-028 PRICE: $1,190,000.00 PRICE PER SF: $3.37/SF Current zoning is A.1.5, but the area is in review by the county to be rezone to Residential Medium Density. The 8.38 acre parcel is located right on the boundary line of The City of Menifee and Riverside County. Slightly sloped topography to the south, there's approximately 357 feet of frontage on Briggs Rd and over 600 feet of frontage on Wickerd and Gardner. To the west of the property Menifee ISD has begun clearing the land for 2 new schools. To the east Richmond Amercia is developing 4 communities with low density (approx. 7,200 SF) lots that are in various phases of construction. To the west of the subject property on Scott Rd, Meritage Homes is currently under construction and grading for additional single-family lots. For revenue during the permitting process, in the NW corner of the parcel, there's a newly remodeled 3/2 modular home with two car garage and carport, water well, 1500 gal septic system, 800 sqft shop, and two year lease in place at $2600/mo until June 30, 2025. Ready for the next development stage, the parcel coming out to the foundation later this year with a tenative tract map following soon thereafter. Clearly in the path of growth, the parcel is positioned for major appreciation and will be ready for developing the lots very soon!
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8.38ACRES
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01/2 BATHS
School Ratings & Info
Description
LOCATION: Menifee, Riverside County, CA TOTAL AREA: 8.38 Acres APN: 466-210-028 PRICE: $1,190,000.00 PRICE PER SF: $3.37/SF Current zoning is A.1.5, but the area is in review by the county to be rezone to Residential Medium Density. The 8.38 acre parcel is located right on the boundary line of The City of Menifee and Riverside County. Slightly sloped topography to the south, there's approximately 357 feet of frontage on Briggs Rd and over 600 feet of frontage on Wickerd and Gardner. To the west of the property Menifee ISD has begun clearing the land for 2 new schools. To the east Richmond Amercia is developing 4 communities with low density (approx. 7,200 SF) lots that are in various phases of construction. To the west of the subject property on Scott Rd, Meritage Homes is currently under construction and grading for additional single-family lots. For revenue during the permitting process, in the NW corner of the parcel, there's a newly remodeled 3/2 modular home with two car garage and carport, water well, 1500 gal septic system, 800 sqft shop, and two year lease in place at $2600/mo until June 30, 2025. Ready for the next development stage, the parcel coming out to the foundation later this year with a tenative tract map following soon thereafter. Clearly in the path of growth, the parcel is positioned for major appreciation and will be ready for developing the lots very soon! LOCATION: Menifee, Riverside County, CA TOTAL AREA: 8.38 Acres APN: 466-210-028 PRICE: $1,190,000.00 PRICE PER SF: $3.37/SF Current zoning is A.1.5, but the area is in review by the county to be rezone to Residential Medium Density. The 8.38 acre parcel is located right on the boundary line of The City of Menifee and Riverside County. Slightly sloped topography to the south, there's approximately 357 feet of frontage on Briggs Rd and over 600 feet of frontage on Wickerd and Gardner. To the west of the property Menifee ISD has begun clearing the land for 2 new schools. To the east Richmond Amercia is developing 4 communities with low density (approx. 7,200 SF) lots that are in various phases of construction. To the west of the subject property on Scott Rd, Meritage Homes is currently under construction and grading for additional single-family lots. For revenue during the permitting process, in the NW corner of the parcel, there's a newly remodeled 3/2 modular home with two car garage and carport, water well, 1500 gal septic system, 800 sqft shop, and two year lease in place at $2600/mo until June 30, 2025. Ready for the next development stage, the parcel coming out to the foundation later this year with a tenative tract map following soon thereafter. Clearly in the path of growth, the parcel is positioned for major appreciation and will be ready for developing the lots very soon!
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