0 Scott - Residential LAND FOR SALE


Menifee, CA 92584 830,254 SF
$16,500,000 USD
714-224-2366
0 Scott, Menifee, CA for Sale
$16,500,000 USD
Residential LAND - FOR SALE
1/10
830,254 SF

0 Scott
Menifee, CA 92584


HIGHLIGHTS

  • Prominent corner location at Scott Road and Murrieta Road with access to major regional transportation corridors.
  • Approximately 20 acres providing flexibility for a variety of future development concepts.
  • Located within a rapidly growing area of Menifee surrounded by expanding residential communities.
  • Conceptual plans have included residential, retail, medical office, and mixed-use components.
  • Convenient access to Interstate 215, Interstate 15, and State Route 79.
  • Positioned within an area benefiting from ongoing infrastructure and roadway improvement projects.

OVERVIEW

Great corner lots in the heart of the nation's fastest-growing city, the City of Menifee, which is experiencing an explosion of population and newly built tract maps with over 50 new tracks in the pipeline. The city welcomes all kinds of new projects and is willing to consider everything as the city reports 1.5Bilions of dollars is spent outside the city on different services, and it is looking to capture that revenue within the city of Menifee. These great approx. 20AC Lots in great corner where the street will become and express way 6 lanes connecting Hwy 15 to the 215 Bundy Canyon Rd to become Scott Rd by the 215 on to concert with Hwy 79 Winchester Rd, to become Washgintion St with Traffic Count well over 100 cars daily traffic on that corodor. The owner has been in discussion with the City of Menifee regarding different proposals. The owner discussed the attached Map, where 15 acres will be designated for 150 high-density homes, and 5 acres will be set aside for commercial retail, 1 gas station, 1 car wash, 2 drive-through restaurants, 3 buildings for mixed-use medical offices, and one shopping center of 32,000 sq.ft. . The city of Menifee showed interest in moving forward with such a project, or It can be fully designated for high-density homes, over 200 homes+. Also, the property can be fully developed as a full commercial retail center as per the attachment. The City of Menifee is open to both options.

FOR SALE DETAILS

PRICE

$16,500,000 USD

PRICE/ACRE

$865,687/AC

PRICE/SF

$20 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Vacant Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Single Family Residence

LAND ACRES

19.06 AC

LAND SF

830,254 SF

OFFSITE IMPROVEMENTS

-

ZONING

R-A-1

APN/PARCEL ID

360-310-006

ASK ABOUT THIS PROPERTY

Mike QutamiPacific Premier Commercial Real EstateMore Info
714-224-2366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Mike QutamiPacific Premier Commercial Real EstateMore Info
714-224-2366

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.