$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 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.
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Listed by Marce Einstein with Marce Einstein, Broker (562) 480-5611
Property Type
Land
Status
Active
MLS Number
OC25232396
Year Built
N/A
Lot Size
0.33 acres