27130 Scott Road

    Menifee, CA 92584
    • $1,500,000
    • STATUS: Active
    • ON SITE: 150 days
    • ID#: IV19146307
    UPDATED: 166 min ago
    $1,500,000
    • 0
      BEDS
    • 9.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Type:
    Vacant Land / Lots
    County:

    School Ratings & Info

    Description

    This property is 9.12 acre development opportunity in Menifee, Ca. The property is conveniently located on a hard corner of Scott Road and Ascot Way, just 3/4 of a mile from I-215. Scott Road is undergoing major improvements, as the City intends to spur economic growth. The property is currently zoned RR1, but the City has expressed interest in re-zoning to include a higher density use with the possibility of diving into (18) 1/2 acre lots. The property sites on flat topography with most of its land being usable. The property has utilities available with recently upgraded septic at the site of the existing structure. The property currently contains an 1800 SF, three bedroom modular home with a detached garage. There is also a fenced yard and driveway. The structure is located in the SW corner of the property along Scott Road. It is being used as a income property and is currently generating $2500 per month in income. The existing structure is a good way to generate income while processing development entitlements.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-18T00:27:02.65. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
    www.sdluxe.com/homes/96136587

    27130 Scott Road Menifee, CA 92584

    • Price: $1,500,000
    • Status: Active
    • Updated: 166 min ago
    • ID#: IV19146307
    0
    Beds
    0
    Baths
    0
    ½ Baths
    9.12
    Acres
    Neighborhood:
    Srcar - Southwest Riverside County
    County:
    Riverside
    Area:
    Srcar - Southwest Riverside County
    Property Description
    This property is 9.12 acre development opportunity in Menifee, Ca. The property is conveniently located on a hard corner of Scott Road and Ascot Way, just 3/4 of a mile from I-215. Scott Road is undergoing major improvements, as the City intends to spur economic growth. The property is currently zoned RR1, but the City has expressed interest in re-zoning to include a higher density use with the possibility of diving into (18) 1/2 acre lots. The property sites on flat topography with most of its land being usable. The property has utilities available with recently upgraded septic at the site of the existing structure. The property currently contains an 1800 SF, three bedroom modular home with a detached garage. There is also a fenced yard and driveway. The structure is located in the SW corner of the property along Scott Road. It is being used as a income property and is currently generating $2500 per month in income. The existing structure is a good way to generate income while processing development entitlements.
    Exterior Features

    Lot Features Corner LotLot Over 40000 Sqft Lot Size Units Acres View None View YN No

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Community Features Rural Country Us Distance To Water Comments Emwd Elevation Units Feet Land Lease YN No New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Rr

    Listing provided courtesy of Brandon Sudweeks of Coldwell Banker Commercial Sc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-18T00:27:02.65. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.
     
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