$395,000
$200K PRICE DROP

25990 Corson Ave Menifee, CA 92584

Estimated payment $2,251/month

Total Views 118,446
0.8 Acre
$493,750 Price per Acre
34,848 Sq Ft Lot

Highlights

  • Corner Lot
  • Neighborhood Views
  • 5-minute walk to Corson Park
  • No HOA

About This Lot

Prime Commercial Retail Opportunity in Menifee, CA - .8 Acres of Possibilities :

Nestled in the vibrant heart of Menifee, this .8-acre gem offers an unparalleled opportunity for savvy investors and entrepreneurs seeking a strategic commercial foothold. With an enticing price point of only $395K, this flat, usable land boasts not only generous acreage but also unparalleled frontage on a high-traffic road, setting the stage for boundless possibilities. Nearby utilities and a fire hydrant are located across the street. Corner lot off of Corson and Murrieta Rd. with Frontage on the Murrieta Rd side. Existing chain-linked fencing on two sides. The topography is level—buyer to verify with the City of Menifee for land usage. LAND LOANS MAY NOW BE AVAILABLE. The seller is open to the possibility of a "carry-back."

Here are a few noted businesses that qualify under the Permitted section from the City of Menifee.

Amusement Arcade. Animal Hospital, Antique Shops, Pawn shops, Thrift stores, Art Gallery, Library-Reading Room, Museum. Art supply shops, Bakery goods distributors, Coffee Shop, Cybercafe, Batting Cages, Billiard and pool halls, Bowling alleys, Business services, Car washes, Catering services, Convenience stores, not including the sale of motor vehicle fuel, Day Care Centers, Department stores, Drug Store, Dry cleaning and laundromats (except uniform supply and industrial launderers); Equipment sales and rental, Small (including rototillers, power mowers, sanders, power saws, cement and plaster mixers not exceeding 20 cubic feet in capacity and other similar equipment), Fast food/quick service, without drive-through, Grocery Store, Hardware and Building Supplies without outdoor sales/storage. Nurseries and garden supply, indoor and outdoor (retail sales only).
ALL THESE POTENTIAL OPPORTUNITIES, ALONG WITH OTHERS.

Listing Agent

Kristi Harden

AARE Brokerage Phone: 951-704-6370 License #01465200 Listed on: 08/16/2023

AARE

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $839

Lot Details

  • 0.8 Acre Lot
  • Rural Setting
  • Chain Link Fence
  • Fence is in fair condition
  • Corner Lot
  • Level Lot
  • The property's topography is flat
  • Density is up to 1 Unit/Acre
  • Property is zoned CR

Property Views

  • Neighborhood Views

Utilities

  • No Utilities
  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / D
  • Assessor Parcel Number 358170012
  • $22 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$839

Lot Details

0

Listing Details

  • Possible Use: Commercial
  • Possible Use Comments: The City of Menifee acknowledged that this lot is zoned as Commercial Retail. See notes for a link to support this information,
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: CR
  • Property Type: Land
  • Parcel Number: 358170012
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 11.33

Exterior Features

  • View: Neighborhood
  • Fencing: Chain Link, Fair Condition

Utilities

  • Utilities: None
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Topography: flat
  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Lot 20000-39999 Sqft, Level
  • Lot Size Sq Ft: 34848.00
  • Lot Size Acres: 0.8000

Multi Family

  • Lot Size Area: 34848.0000 Square Feet

Tax Info

  • Tax Block: D
  • Tax Census Tract: 427.33
  • Tax Lot: 11
  • TaxOtherAnnualAssessmentAmount: 22.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $839 $73,852 $73,852 --
2023 $845 $70,985 $70,985 $0
2022 $834 $69,594 $69,594 $0
2021 $819 $68,230 $68,230 $0
2020 $808 $67,531 $67,531 $0
2019 $791 $66,207 $66,207 $0
2018 $757 $64,909 $64,909 $0
2017 $744 $63,637 $63,637 $0
2016 $715 $62,390 $62,390 $0
2015 $704 $61,453 $61,453 $0
2014 $684 $60,250 $60,250 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2023 11/16/23 Price Changed $395,000 -20.2% --
09/13/2023 09/13/23 Price Changed $495,000 -16.8% --
08/16/2023 08/16/23 For Sale $595,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Orange Coast Title
Grant Deed $50,000 Orange Coast Title
Source: Public Records

About the Listing Agent

Kristi Harden

AARE

(951) 499-5059

Section Image

Professional, personable, and deeply committed to her clients, Kristi Harden lives by the belief that “Higher Standards Equal Extraordinary Results.” This philosophy—backed by a proven track record—has earned her recognition as a Top Producer and award-winning agent throughout the Inland Empire, particularly in the Temecula Valley, where she has served clients since 2005.

Now based in Idaho Falls, Kristi is uniquely positioned to assist buyers and sellers in both Idaho and Southern

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW23151924

California Regional Multiple Listing Service (CRMLS)

APN: 358-170-012