Homes for sale - 26420 Palomar RD, Menifee, CA 92585

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Rick J Lee

rjlrealtygroup@gmail.com +1(714) 943-1598

$ 2,800,000

Est. payment -/mo

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Price Dropped by $380K

26420 Palomar RD Menifee, CA 92585

3.58 Acres Lot

UPDATED:

12/19/2024 05:47 AM

Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV24172583

HOA Y/N No

Year Built 1989

Lot Size 3.580 Acres

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

Area Srcar - Southwest Riverside County

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Not Available, Natural Gas Not Available, Propane, Sewer Not Available, Water Available, Water Connected

Present Use Industrial

Total Parking Spaces 45

Building

Lot Description Irregular Lot, Lot Over 40000 Sqft, Level, Street Level, Yard

Story 1

Water Public

Others

Tax ID 331220043

Acceptable Financing Cash, 1031 Exchange, Owner May Carry, Submit

Listing Terms Cash, 1031 Exchange, Owner May Carry, Submit

Special Listing Condition Standard

Listed by Enrique Vasquez-Plaza • Century 21 Masters • 626-324-0388

Rick J Lee

Agent | License ID: 02130981

+1(714) 943-1598

Rick J Lee

26420 Palomar RD Menifee, CA 92585

Key Details

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Interior

Exterior

Building

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26420 Palomar RD