$6,800,000

0 Newport Rd Unit SW25056313 Menifee, CA

Paloma Valley Neighborhood

Estimated payment $42,710/month

Total Views 8,543
4.77 Acres
$1,425,577 Price per Acre
207,781 Sq Ft Lot

Highlights

  • City Lights View
  • 4.77 Acre Lot
  • No HOA

About This Lot

These 5 parcels sold as one lot, totaling nearly 5 acres- prime commercial land is located in the heart of Menifee, offering exceptional visibility and easy access off one of the area's main roads. With its strategic location, the property is perfect for a variety of business ventures, whether you're looking to build retail spaces, office buildings, or a mixed-use development. The expansive lot provides ample room for development and is surrounded by a growing community, ensuring future growth and increased foot traffic. With its high potential and proximity to key amenities and major highways, this land is a rare opportunity to secure a piece of Menifee's thriving commercial landscape. Don't miss out on this highly desirable property ready for your vision!

Listing Agent

Wendy De Leon

eXp Realty of Southern California, Inc. Brokerage Phone: 562-208-9867 License #02121680 Listed on: 03/13/2025

eXp Realty of Southern California, Inc.

Property Details

Property Type

  • Land

Lot Details

  • 4.77 Acre Lot
  • Flag Lot
  • 360050032, 360050033, 360050034, 360050035.

Additional Features

  • City Lights Views
  • Shared Septic

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 22542
  • Assessor Parcel Number 360050031
  • $78 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Improvements: flat usable land, utilities on street.
  • Possible Use: Commercial
  • Possible Use Comments: Commercial
  • View: Yes
  • Zoning: C
  • Property Type: Land
  • Parcel Number: 360050031
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 32.73

Exterior Features

  • View: City Lights

Utilities

  • Sewer: Shared Septic
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 360050032, 360050033, 360050034, 360050035.
  • Land Lease: No
  • Lot Features: Flag Lot
  • Lot Size Sq Ft: 207781.20
  • Lot Size Acres: 4.7700
  • Latitude Manual: 33.68424400

Multi Family

  • Lot Size Area: 4.7700 Acres

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 22542
  • TaxOtherAnnualAssessmentAmount: 78.00

Map

Range of Values:

Collateral Analytics

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ICE

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/13/2025 03/13/25 For Sale $6,800,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25056313

California Regional Multiple Listing Service (CRMLS)