Seller's Agent in 2022
Brandon Sudweeks
COLDWELL BANKER COMMERCIAL SC
(951) 297-7425
5 in this area
37 Total Sales
27130 Scott Rd Menifee, CA 92584
Paloma Valley Neighborhood
9.12
Acres
--
Price per Acre
397,267
Sq Ft Lot
Highlights
- 9.12 Acre Lot
- Corner Lot
- No HOA
- Mountain View
About This Lot
As of August 2022The property currently contains a ±1,800 SF three bedroom, two bathroom house with a detached garage. The house contains a fenced in yard
/ driveway.
The structure is located in the South-West corner of the property along Scott Rd. The house is currently being used as a rental property and is
generating approx $2,500 / month in income.
The existing structure is a good way to generate income while processing land development entitlements.
The property sits on flat topography with most to all of the land being usable space. The property has utilities available with recently
upgraded septic at sight of existing structure. The property is within the City of Menifee which offers the following services:
• Water: Eastern Municipal Water District
• Electricity: Southern California Edison
• Gas: Southern California Gas Company
• Phone: Frontier Communications
• Fire: Riverside County Fire Department
• Police: Riverside County Sheriff’s Department
Low Density Residential
Through several talks with the City of Menifee, we believe they would be in favor of rezoning this land from a minimum requirement of one
lot per acre to one lot per half acre. The city of Menifee continues to grow both from a commercial as well as a residential standpoint, and
this centrally located property would be a great location for developers to invest in. The city continues to encourage new developments
and is need of more housing.
Location
The property is located just ¾ of a mile west of I-215 on a hard corner of Scott Rd and Ascot Way. Scott Rd is one of the two main
thoroughfares in Menifee. Scott Rd also turns into Bundy Canyon which places the subject property just 6 miles from I-15 and 45 miles
from Orange County. The property is located just ¾ of a mile from a major retail center with Albertson’s, Wells Fargo, 7/11, as well as
multiple restaurants in the area.
Scott Rd improvements:
Current plans are in place to widen Scott Rd to five lanes. Current construction of the Scott Rd / I-215 Interchange Project is set to be
completed by Spring 2020. The project will widen the Scott Rd bridge to 6 lanes and expand on/off ramps to two lanes for off ramps and
three lanes for on ramps. The city’s goal is to increase the flow of traffic in hopes of spurring new development projects within the area.
Last Agent to Sell the Property
COLDWELL BANKER COMMERCIAL SC License #01435174 Listed on: 04/13/2021
Property Details
Property Type
- Land
Lot Details
- 9.12 Acre Lot
- Rural Setting
- Corner Lot
- Level Lot
- Property is zoned RR
Property Views
- Mountain
- Hills
- Neighborhood
Utilities
- Natural Gas Connected
- Cable TV Available
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 360370015
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/22/2022 08/22/22 | Sold | $750,000 | 0.0% | -- |
| 09/11/2021 09/11/21 | For Sale | $750,000 | 0.0% | -- |
| 07/23/2021 07/23/21 | Pending | -- | -- | -- |
| 04/13/2021 04/13/21 | For Sale | $750,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Brandon Sudweeks
-
NoEmail NoEmail
N
Buyer's Agent in 2022
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
13 in this area
5,935 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IV21077309
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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