26420 Palomar RD Active Save Request In-Person Tour Request Virtual Tour
Menifee,CA 92585
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV24172583
HOA Y/N No
Year Built 1989
Lot Size 3.580 Acres
Property Description
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.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Central
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Not Available,Natural Gas Not Available,Propane,Sewer Not Available,Water Available,Water Connected
Present Use Industrial
Total Parking Spaces 45
Building
Lot Description Irregular Lot,Lot Over 40000 Sqft,Level,Street Level,Yard
Story 1
Water Public
Others
Tax ID 331220043
Acceptable Financing Cash,1031 Exchange,Owner May Carry,Submit
Listing Terms Cash,1031 Exchange,Owner May Carry,Submit
Special Listing Condition Standard