NEC Murrieta Road
Property Description
The Public Facilities (PF) zoning designation provides a wide range of permissible uses aimed at serving the community. The 8.70 acres of land at the NEC Murrieta Road and Holland Road in Menifee, CA, can be utilized for various public and institutional purposes, including but not limited to religious institutions, educational facilities, government/public services, healthcare, and recreational facilities. Optimal future use includes General Plan/Zoning Code (GP/ZC) amendment to RA-1 (1 Acre Residential), creating the potential for residential development. The proposed RA-1 zoning would allow for the creation of 4 spacious lots, with an additional remainder parcel, resulting in a total of 5 premium residential pads. All lots will be accessed through private easement only, ensuring privacy and exclusivity. The rezoning process is anticipated to take approximately 1.5 years. Available upon request from broker: - PC Approval with COC's - City of Menifee correspondence - Structural Calculations - WQMP Report - Full site plans with arc - Grading Plans
Key Property Information
| Listing Status: | Available |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Land/Development |
| Price: | $1,250,000 |
| Lot Size: | 8.70 Acres |
| Opportunity Zone: | No |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
QOZ Development Opportunity with Future Tier 2 CCH
San Diego, California
Approved Two-Lot Subdivision | Escondido
Escondido, California
17 Units Approved & Permit-Ready | National City
National City, CaliforniaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout