$1,100,000
$1,299,000
15.3%For more information regarding the value of a property, please contact us for a free consultation.
18.56 Acres Lot
SOLD DATE : 09/13/2021
Key Details
Sold Price $1,100,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV21160802
Sold Date 09/13/21
HOA Y/N No
Lot Size 18.560 Acres
Property Description
The subject property is located approximately 1.5 miles east of I-215 on Scott
Rd in the City of Menifee. The property is approximately 18.56 acres in size and
consists of rolling topography. The property has 655 feet of frontage on Scott
Rd with traffic counts of 15,752 cars per day. Immediately across the street
from the subject property is an existing medium density residential community
built out on ¼ acre lots. To the east of the property is a manufactured home
on 1.06 acres of land as well as 16 acres of vacant land owned by the same
entity for a potential assemblage opportunity.
The property is zoned RR (Rural Residential) with a General Plan of RR2.
Current zoning allows for the development of two acre lots. Rezoning this
property to a higher density residential use would provide a buyer with a
great upside potential.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning RR
Interior
Fireplace No
Exterior
Community Features Rural
View Y/N Yes
View Meadow, Mountain(s)
Building
Lot Description Lot Over 40000 Sqft, Level
Water See Remarks
New Construction No
Others
Senior Community No
Tax ID 388110005
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
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Bought with BRANDON SUDWEEKS • COLDWELL BANKER COMMERCIAL SC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
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