26420 Palomar RdMenifee, CA 92585

Property Details for 26420 Palomar Rd

Year built

1980

Construction

WOOD

Lot size

3.58 AC

Property size (Sq ft)

2,300 SF

Zone code

RR

Property type

Industrial properties

Property subtype

Manufacturing properties

APN

331-220-043

APU

331220043

Description

This exceptional Menifee, CA industrial property offers a unique investment opportunity. Situated on a 3.58-acre lot, the property comprises three buildings: a warehouse (approximately 6,000 sq ft), an office building (approximately 2,418 sq ft), and a shop (approximately 2,500 sq ft). Currently leased until June 2026, this property benefits from industrial zoning allowing for diverse uses including warehousing, distribution, light manufacturing, repair facilities, business parks, corporate offices, research and development, technology centers, and clean industry. The flexible zoning also permits employee-intensive uses and supports hotel and retail developments, offering significant expansion or redevelopment potential. The property's development density is flexible within the allowable floor area ratio. The owner is transferring the entitlement process, including an executed easement option valued at double the approximate cost of the proposed entitlement. Conveniently located just one mile from the 215 Freeway, and within 25 minutes of Perris, Riverside, and Temecula, this property offers excellent accessibility. Utilities include city water, generators for power, septic, and propane systems. The property is being sold as-is

• Alternative Use

  Use

  Valuation

  Residential

  $723,549

  Hospitality

  $662,767

  Educational

  $551,414

  Medical

  $570,378

  Retail

  $857,756

Location Insight

City

Menifee

County

Riverside

State

California

Latitude

33.737

Longitude

-117.162

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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