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