Active

26420 Palomar Road

Menifee CA, 92585

$2,600,000


$308.86 per sqft

Active

8,418 sqft

Commercial

Built in 1989

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

AVAILABLE FOR SALE: BACK ON THE MARKET. Price improved. 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.

CV24172583

MLS ID

September 5, 2024

Listed

January 20, 2025

Updated

Map

26420 Palomar Road
Menifee CA, 92585

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

3.58 Acres


Lot Features

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

Other Property Details

Area Name

SRCAR - Southwest Riverside County


Days on Market

136


Garage

No


Parking Total

45


View

No


County

Riverside


Water Source

Public


Pool

No

Listing History

Date

Event

Price

1/20/2025

Price change

$2,600,000

-8%

12/13/2024

Price change

$2,800,000

-12%

Listing Contact: 800-463-0977 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/20/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/20/2025 at 6:07 AM UTC

 

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