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$2,250,000

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3.58 Acres Lot

Price Dropped by $349K

26420 Palomar RD Menifee, CA 92585

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Brent Cate

Modern Broker

thecateteam@gmail.com +1(559) 304-6188

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Key Details

Property Type Commercial

Sub Type Industrial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25040325

HOA Y/N No

Year Built 1989

Lot Size 3.580 Acres

Property Sub-Type Industrial

Property Description

AVAILABLE FOR SALE: 3.52 ACRES YARD. Entitlement progress as of Feb 2025 is approximately 50%, and the buyer can take over. The entitlement includes a contractor's yard for storing building and landscaping materials, tools, heavy equipment, truck & employee parking, with an additional manufacturing component. No new construction is planned. The entitlement also allows for housing/office and manufacturing facility that may be leased to third parties for producing non-toxic household items. A night watchman's quarters and office will remain on-site. Exceptional 3.52-Acre Industrial Property with 3 Buildings. This unique property offers 3 buildings totaling approximately 10,918 square feet on a prime 3.52-acre lot. The site includes a warehouse (approximately 6,000 sqft), an office building (2,418 sqft), and a shop (approximately 2,500 sqft). UNIQUE OPPORTUNITY: The owner is transferring the entitlement process, along with an executed easement option valued at twice the approximate cost of the proposed entitlement. Inquire with the agent for more details. Currently leased through June 2026, this property features industrial zoning allowing for a variety of uses, including warehousing, distribution, assembly, light manufacturing, repair facilities, business parks, and corporate offices. The zoning also permits employee-intensive uses such as research and development, technology centers, clean industry, as well as supporting hotel and retail developments. The permissible development density is flexible within the allowable floor area ratio, offering significant potential for expansion or redevelopment. LOCATION: Conveniently situated just 1 mile from the 215 Freeway, and within 25 minutes of Perris, Riverside, and Temecula. UTILITIES: The property is connected to city water, with power supplied by generators, and septic and propane systems in place. SOLD AS-IS: The property is being sold in its current condition. Buyers are encouraged to conduct thorough due diligence regarding square footage, zoning, licensing, entitlements, easement options, and utilities. Brokers/agents are not responsible for discrepancies related to these aspects.
Contact the agent for further information and to schedule a viewing.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Interior

Heating Central

Fireplace No

Laundry None

Exterior

Utilities Available Electricity Not Available, Natural Gas Not Available, Propane, Sewer Not Available, Water Available, Water Connected

Present Use Industrial

Total Parking Spaces 45

Building

Lot Description Irregular Lot, Lot Over 40000 Sqft, Level, Street Level, Yard

Story 1

Water Public

Others

Tax ID 331220043

Acceptable Financing Cash, 1031 Exchange, Owner May Carry, Submit

Listing Terms Cash, 1031 Exchange, Owner May Carry, Submit

Special Listing Condition Standard

Listed by Enrique Vasquez-Plaza • Century 21 Masters • 626-324-0388

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Brent Cate

License ID: 01482878

+1(559) 304-6188

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26420 Palomar RD Menifee, CA 92585

Brent Cate

Key Details

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26420 Palomar RD