Keegan Cin | Realtor® | License # DRE 01971604

Property

Menifee, CA 92584 33235 Bailey Park Drive

33235 Bailey Park Drive Menifee, CA - Image 133235 Bailey Park Drive Menifee, CA - Image 233235 Bailey Park Drive Menifee, CA - Image 3
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33235 Bailey Park Drive Menifee, CA - Image 433235 Bailey Park Drive Menifee, CA - Image 5
Presented By: Kenneth Thurman with Alta Realty Group CA, Inc; 214-577-1302
  • MLS# OC24152831
  • 07/27/2024
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  • SQFT • 1,505
  • Year Built • 2010

Home Details

An excellent opportunity to secure just under two acres of flat, fenced, and very well located commercial property in one of the fastest growing cities in the USA, Menifee, CA. This parcel is positioned in the middle of Menifee’s booming commercial path of growth. With mulitple usage opportunities, now and on the horizon, the time to invest is now. While plans are being discussed, designed, and approved, there is a grandfathered-in tenant occuppied 3/2 manufactured home on the lot creating an income stream to help support the holding and development costs of the 1.84 acres C1/CP/SC zoned flat usable land for your project. The area is exploding with new commercial and residential developments. The City of Menifee is progressively expanding and continually offering new exciting investment opportunities now and in your future. See attached list of approved uses for this zone in the supplements. In addition to rental unit, the property also has a septic system, outdoor restroom facility, perimeter lighting, palm trees, and completely chain link fenced and with two gates. The same owner is selling a matching vacant lot across the street on Bailey Park Blvd closer to 215 Frwy, MLS listing # OC24165183.
Presented By: Kenneth Thurman with Alta Realty Group CA, Inc; 214-577-1302

Interior Features for 33235 Bailey Park Drive

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesWasherHookup, Inside
LivingAreaSourceAssessor
Total Stories1

Other Rooms

Entry Level1

General for 33235 Bailey Park Drive

Additional Parcels Description384180012
Additional Parcels Y/NYes
Attached Garage No
Building Area UnitsSquareFeet
Business TypeCommercial, Distribution, Industrial, Manufacturing, Other, SpecialUse, Warehouse
Carport Y/NNo
CityMenifee
CountyRiverside
Current FinancingConventional
Current UseCommercial, Investment
Directions215 Frwy south to Scott Rd west to Zeiders Rd south to Ciccotti St left to Bailey Park left on left
ElectricElectricityOnProperty, Standard
Electric On Property Y/NNo
Expected Active Date 2024-07-27
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Insurance Expense1220.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashToExistingLoan, CashToNewLoan, Conventional, Exchange1031
Lot Size Square Feet80150.0
Lot Size UnitsSquareFeet
MLS AreaSRCAR - Southwest Riverside County
MaintenanceExpense1240.0
MobileHomeRemainsYNNo
Net Operating Income20460.0
New ConstructionNo
Number Of Units Total1
Occupancy TypeTenant
Operating Expense5940.0
Property Attached Y/NNo
Property Sub Type AdditionalUnimprovedLand
Property SubtypeUnimprovedLand
Property TypeCommercialSale
Rent Control Y/NNo
RoofComposition
Security FeaturesSecurityLights
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tax Annual Amount2640.0
Tax Year2023
UtilitiesCableConnected, ElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
Waterfront Y/NNo
Year Built2010
Year Built SourceOwner

Exterior for 33235 Bailey Park Drive

Building Area Total1505.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres1.84
Lot Size Area80150.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $1,250,000
MLS#OC24152831
List Date 07/27/2024
Property Type Commercial
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