Light Industrial/Mixed Use Parcel in Menifee, CA

0 Ethanac Rd, Menifee, CA 92585

0 Ethanac Rd, , Menifee, CA, 92585
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FOR SALE
Property Type:
Other Land
Amount:
$480,000
Last Verified:
Apr 02, 2024

Highlights

  • - Zoned EDCNG for flexible use
  • - Ideal for a variety of light industrial, commercial, or retail projects
  • - Prime location in the Inland Empie
  • -One of the fastest-growing cities in California
  • - Just off I-215
  • -High-traffic location
  • - 132 feet of frontage

Description

This .9-acre lot has been in the owner's family for nearly 100 years. It is a great high-traffic location, with quick access to and from the I-215 freeway, and has Ethanac Road frontage/access (approx.132 ft.). "Potential driveway access to Ethanac traffic, estimated to be 12,400 vehicles per day, per 2024 draft environmental impact review".Ethanac Road is the main east-west traffic artery at the border of Menifee and Perris. The property is in a uniquely situated Commercial/Retail zone, in a fast-growing warehousing and light industrial area of Menifee. There are 25 new residential projects under construction, with about 4 more in the pipeline (10,500 units yet to be built). Estimated more than 41,000 households by the end of 2025.

Great high-traffic location with quick access to and from the I-215 freeway, and has Ethanac Road frontage/access (approx.132 ft.). Ethanac Road is the main east-west traffic artery at the border of Menifee and Perris. Menifee is one of California's Fastest Growing, Business-Friendly Cities. A vibrant, young city situated in the heart of Southwest Riverside County along Interstate 215. Menifee is a business-friendly city that is investing more than $484 million in infrastructure and traffic improvement projects over the next five years. Recognized as the top city for growth in California and #7 in the nation (Smart Asset, 2022) with a 2.4 percent growth rate per year.

Lot Size: 0.91 acres


Documents

Sale Flyer

Map of 0 Ethanac Rd, , Menifee, CA, 92585

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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