Newport, Menifee, CA 92584

Property Description

Exceptional commercial development opportunity in the heart of growing Menifee. Offered at $6,000,000, this approximately 4.77-acre (207,781 SF) site consists of five contiguous parcels of flat, usable land along the highly traveled Newport Road corridor, with convenient access to the I-215 freeway. Located within the Cal Neva Specific Plan, Planning Area 2-4, the property is ideally positioned for investors, developers and owner-users seeking a substantial commercial site in one of Southwest Riverside Countys growing communities. Surrounded by established retail, restaurants, businesses and residential neighborhoods, the property benefits from a strong location within the expanding Newport Road commercial corridor. With utilities reported at the street, excellent accessibility and nearly five acres offered together, this is a compelling opportunity to create a significant commercial project in a rapidly developing market. APNs included: 360-050-031, 360-050-032, 360-050-033, 360-050-034 and 360-050-035. Exceptional commercial development opportunity in the heart of growing Menifee. Offered at $6,000,000, this approximately 4.77-acre (207,781 SF) site consists of five contiguous parcels of flat, usable land along the highly traveled Newport Road corridor, with convenient access to the I-215 freeway. Located within the Cal Neva Specific Plan, Planning Area 2-4, the property is ideally positioned for investors, developers and owner-users seeking a substantial commercial site in one of Southwest Riverside Countys growing communities. Surrounded by established retail, restaurants, businesses and residential neighborhoods, the property benefits from a strong location within the expanding Newport Road commercial corridor. With utilities reported at the street, excellent accessibility and nearly five acres offered together, this is a compelling opportunity to create a significant commercial project in a rapidly developing market. APNs included: 360-050-031, 360-050-032, 360-050-033, 360-050-034 and 360-050-035.