33235 Bailey Park Drive, Menifee, CA 92584
- $1,199,000
- List Price
- $1,199,000
- Status
- ACTIVE
- MLS#
- OC26164279
- Year Built
- 2010
- Lot Size
- 80,150
- Acres
- 1.84
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 0
- Property Type
- Commercial
- Property Sub Type
- Mixed Use
Property Description
Investment Highlights Income-Producing Commercial Development Opportunity Located in the rapidly expanding City of Menifee, this 1.84-acre commercial property combines immediate rental income with outstanding future development potential. Property Highlights • 1.84 acres of flat, usable commercial land • Zoned C-1/CP/SC • Grandfathered-in 3-bedroom, 2-bath manufactured home • Tenant occupied with $2,200/month rental income • Potential owner-user office or residence • Fully fenced with two gated entrances • Existing septic system • Outdoor restroom • Perimeter lighting • Mature landscaping • High-growth commercial corridor • Multiple permitted commercial uses • Strong demographics and continued residential expansion Investment Opportunity Generate income while planning and entitling your future development. The existing rental helps offset carrying costs while the surrounding area continues to experience significant commercial and residential growth.
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Additional Information
- Taxes
- $2,640
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air, Electric
- Roof
- Composition
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 1
- Gross Scheduled Income
- $26,400
- Operating Expense
- 5940
Listing courtesy of Listing Agent: Kenneth Thurman (ken@kenthurman.com) from Listing Office: Alta Realty Group CA, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.