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$1,299,900
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4.77 Acres Lot
UPDATED:
09/11/2024 07:41 PM
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC24135330
Originating Board California Regional MLS
Lot Size 4.770 Acres
Property Description
Location, Location, Location... RARE land development opportunity 4.77- acre lot, just blocks off Ethanac Rd exit on the 215 Fwy and close to large retailers - Home Depot, Starbucks, Autozone, Winco Foods, and plenty more. The Economic Development Corridor - Northern Gateway (EDC-NG) zoning positions this property as a key player in a fast-growing warehousing and heavy industrial area of Menifee. Benefit from the City of Menifee's $130 million investment in capital improvements, improving roads and traffic flow. The planned extension of Ethanac Rd. to connect to CA-74 will considerably raise the traffic count to 40,000+, bringing even more visibility to this area. Nearby are the Perris Logistic Centers with 4 million square feet of rentable space, a 28 acre industrial neighbor blocks away, Seasons by Green Valley Ranch new construction housing development, as well as hundreds of current and proposed corporate neighbors. This lot is flat and has water, sewer, and electricity very close by.
Location
State CA
County Riverside
Area 699 - Not Defined
Zoning LZ
Exterior
View None
Others
Tax ID 331030010
Special Listing Condition Not Applicable
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Listed by Jose Lemus • Salem Realty Group, Inc.
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Sharad Gupta
Broker | License ID: 02213637
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