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33235 Bailey Park Blvd1 / 8 · Click to zoom

About this home

Investment Highlights Income-Producing Commercial Development Opportunity Located in the rapidly expanding City of Menifee, this 1.84-acre commercial property combines immediate rental income with outstanding future development potential. Property Highlights - 1.84 acres of flat, usable commercial land - Zoned C-1/CP/SC - Grandfathered-in 3-bedroom, 2-bath manufactured home - Tenant occupied with $2,200/month rental income - Potential owner-user office or residence - Fully fenced with two gated entrances - Existing septic system - Outdoor restroom - Perimeter lighting - Mature landscaping - High-growth commercial corridor - Multiple permitted commercial uses - Strong demographics and continued residential expansion Investment Opportunity Generate income while planning and entitling your future development. The existing rental helps offset carrying costs while the surrounding area continues to experience significant commercial and residential growth.

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Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$415,000 · May 2018
📋 Assessed value$481,637
💵 Annual tax$5,653
🏫 School districtPerris Union High School District (9-12)

MLS #26164279

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

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Estimated total monthly payment
$7,512
Principal & interest$6,063
Property tax$1,099
Home insurance$350
Down payment: $239,800Loan: $959,200

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.