This property is uniquely situated with a grandfather-in residential rental unit or owner occupied 3/2 Manufactured Home on septic for either monthly income, office, or a personal residence. The just under two acres of flat, fenced, and very well located commercial property is located in one of the fastest growing cities in the USA, Menifee, CA. Positioned in the middle of Menifee’s booming commercial path of growth, with mulitple usage opportunities, now and on the horizon, the time to invest is now. While figuring out the next move the income from the grandfathered-in tenant occuppied $2200/mo income 3/2 manufactured home on the lot offers an income stream to help support the holding and development costs of the 1.84 acre C1/CP/SC zoned flat usable land for your project. The area is exploding with new commercial and residential developments and the City of Menifee is progressively expanding and continually allowing new exciting investment opportunities now and in your future. See attached list of approved uses for this zone in the supplements. In addition to rental unit, the property also has a septic system, outdoor restroom facility, perimeter lighting, palm trees, and completely chain link fenced and with two entry gates. The same owner is selling a matching vacant lot across the street on Bailey Park Blvd closer to 215 Frwy, MLS listing # OC24165183, and will consider a package deal discount if both you can use both parcels.
Menifee is located in California. Menifee, California has a population of 101,089. Menifee is more family-centric than the surrounding county with 35.99% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Menifee, California is $80,741. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Menifee is 37.3 years.
The average high temperature in July is 98.2 degrees, with an average low temperature in January of 37.1 degrees. The average rainfall is approximately 12 inches per year, with 0 inches of snow per year.
