27875 Garbani RdMenifee, CA 92584
- Land
- 17.79 AC
Property Details for 27875 Garbani Rd
- Lot size
- 17.79 AC
- Zone code
- RR
- Property type
- Land
- Property subtype
- Commercial land
- APN
- 360-350-007
- APU
- 360350007
Description
This exceptional 17.79-acre parcel, located at the southeast corner of Garbani Road and Haun Road in Menifee, CA (APN 360-350-007), presents a unique investment opportunity. Situated on Haun Road, a freeway frontage road between existing I-215 interchanges at Scott and Newport Roads, this property offers unparalleled visibility and accessibility. The site, approximately 13 acres net of road setbacks, is zoned Community Core, allowing for a diverse range of commercial uses including hospitality, retail, and medical office developments. Its strategic location within the rapidly growing I-215 corridor in Menifee, a city boasting a strong household income ($109,395) and substantial population (116,472), promises significant future appreciation. The property's prime location is further enhanced by plans for a future I-215 interchange, ensuring exceptional long-term value. This is an ideal site for a variety of commercial projects, from hotels and corporate headquarters to retail centers, breweries, and restaurants. The asking price is $7,250,000. This is a rare opportunity to acquire a large, strategically located parcel in one of Southern California's fastest-growing areas. The property is privately owned. Broker co-op is available.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $243,783,216
- Hospitality
- $223,304,112
- Educational
- $185,786,400
- Medical
- $192,175,888
- Retail
- $289,001,088
Location Insight
- City
- Menifee
- County
- Riverside
- State
- California
- Latitude
- 33.655
- Longitude
- -117.174
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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