Property listed by Marce Einstein, Broker, Marce Einstein 562-480-5611
27682 US Highway 74
Menifee, CA 92585
Acres
0.33
$258,000
PRIME CORNER LOT WITH VERSATILE CPS ZONING – TO BE DELIVERED BUILD-READY! Outstanding opportunity for developers and owner-users to acquire a high-visibility corner lot in the growing Menifee area. This parcel features CPS (Scenic Highway Commercial) zoning, allowing for a wide variety of professional, retail, or potential for mixed-use. Buyers… Read More are encouraged to explore the potential for Mixed-Use development as permitted by Riverside County Ordinance 348. (Buyer to verify with City/County Planning)*** Commercial Retail (CR). Allows neighborhood, local, and regional serving retail and service uses. Hotels are also permitted in this designation. The permissible development density is between the minimum and maximum floor area ratio (FAR) of 0.20 – 0.35. *** The Seller is providing a "Turn-Key" development site. This property is being sold with a comprehensive, professional $100K+ remediation and demolition package to be completed during the escrow period. Property to be delivered to Buyer at Close of Escrow in "Certified Clean" condition, including Full Abatement & Debris Removal, Professional removal of all previous structures and hazardous materials (Asbestos). Finalized Municipal Permits: All work to be completed with full City/County permits and final sign-offs.
Remediation Documentation: Seller to provide the Abatement Completion Package and permit history prior to closing.
Take advantage of existing utility footprints! Sold with FULL PROBATE AUTHORITY—no court confirmation required. Read Less
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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