35 Gross Acres, unincorp. Menifee area. Property is immediately east of Standard Pacific's -Heritage Lake " project; many other similar development projects are in the area. Zoning: Manufacturing-Service Commercial (M-SC) under a specific plan. Permitted uses include several types of storage facilities, warehousing/distribution, and other broad uses. The site is serviced by So. Cal Edison, EMWD, and So. Cal Gas Company. The entire site is flat and buildable. Property is improved land with 6 double-wide trailers and one 6,000 sq. foot industrial building of high quality. Property has a chain link, barbed wire security fence around the perimeter. Clean Phase-1 Environmental report and ALTA survery are available. Property Appraised for $7,500,000 in 2007. The possibility exists to downzone the Property to multi-family or commercial under County's Hwy 79 Policy; property was in escrow with a national apartment builder for $9,500,000 until July, 2008.
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