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Listed by Enrique Vasquez-Plaza • Century 21 Masters
$2,800,000
Est. payment /mo
Price Dropped by $380K
26420 Palomar Road Menifee, CA 92585
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UPDATED:
12/16/2024 07:03 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-24172583
Year Built 1989
Property Description
AVAILABLE FOR SALE: Terrific 3.52 Acre of Flat Land along with 3 buildings: Warehouse (Approx. 6,000 sqft) + Office (2,418 sqft) + Shop (approx. 2,500 sqft) UNIQUE OPPORTUNITY: Owner transferring Entitlement Process along with an executed Easement option worth twice the approx. costs of such proposed entitlement costs. Call agent to inquire. Currently leased until June 2026. Producing income. Building Zoning allows industrial and related uses including warehousing/distribution, assembly and light manufacturing, repair facilities, and business parks, including corporate offices. Employee-intensive uses, including research and development, technology centers, "clean" industry, and supporting hotel and ancillary retail uses are also permitted. The permissible development density is between the minimum and maximum floor area ratio. CONVENTIENTLY Located just 1 mile away from 215 FWY, and within 25 minutes of Perris, Riverside and Temecula. Water is city. Power on generators. Septic and Propane Connected. Property will be Sold AS IS. We strongly encourage all prospective buyers, to perform their own due diligence regarding square footage and all aspects of property, including Zoning, Licensing, entitlement, costs, easement options and utilities in order to be fully satisfied. Brokers/agents will not be responsible for any discrepancies on any of the previously mentioned aspects.
Location
State CA
County Riverside
Interior
Heating Central
Laundry None
Exterior
Utilities Available Propane, Sewer Not Available, Water Available, Electricity Not Available, Natural Gas Not Available
Building
Lot Description Yard, Irregular Lot, Level, Level with Street, Lot Over 40000 Sqft