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$1,199,000

  • For Sale
  • Active
  • Commercial
  • 1,505 Sq. Ft.
  • 1.84 Acres
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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.

Full Property Details for 33235 Bailey Park Dr

General

  • Price: $1,199,000
  • Taxes: $2,640 (2023)
  • Status: Active
  • Type: Commercial
  • Source: MRMLS
  • MLS ID: OC26164279
  • Updated: 8/7/2026
  • Days on Market: 26 days
  • Added to Site: 27 day(s) ago

Interior

  • Laundry Facilities: Yes

Rooms

Other Rooms

  • Laundry: Inside, Washer Hookup

Additional Information

  • Security/Safety: Security Lights

Location

  • County: Riverside
  • Driving Directions: 215 Frwy south to Scott Rd west to Zeiders Rd south to Ciccotti St left to Bailey Park left on left

Heating & Cooling

  • Cooling Type: Electric, Central Air
  • Heating Type: Central

Utilities

  • Utility Description: Natural Gas Connected, Sewer Connected, Cable Connected, Electricity Connected, Water Connected

Structural Information

  • # Buildings: 2
  • Roof: Composition
  • Entry Floor Number: 1
  • Stories/Levels: 1
  • Building Size: 1505
  • Square Feet: 1,505
  • Year Built: 2010
  • Year Built Source: Seller

Lot Features

  • Lot Size (Acres): 1.84
  • Useable Acres: 1.84
  • Lot Size (Sq. Ft.): 80,150
  • Lot Size Source: Assessor
  • Lot Features: 0-1 Unit/Acre
  • Lot Description: 0-1 Unit/Acre

Financial Considerations

  • Price Per Sq. Ft.: $796
  • Expenses: $4,260
  • Operating Expenses: $5,940
  • Tax Amount: $2,640
  • Tax Year: 2023

Disclosures and Reports

  • Property ID: 384180011

Listed by Alta Realty Group CA, Inc, KennethThurman

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Listing agent

— 33235 Bailey Park Dr —

  • KennethThurman

    Alta Realty Group CA, Inc

214-577-1302

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 33235 Bailey Park Dr

School District:Menifee Union Elementary School District
NameGradesDistance
Herk Bouris Elementary
34257 Kalanchoe Road, Lake Elsinore, CA 92532
K-54 mi
Menifee Valley Middle School
26255 Garbani Road, Menifee, CA 92584
6-82 mi
Paloma Valley High School
31375 Bradley Road, Menifee, CA 92584
9-122.1 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 33235 Bailey Park Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
7/28/2026
Listed
$1,199,000
188.92%
MLS
5/01/2018
Sold
$415,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 33235 Bailey Park Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$5,653
—
$481,637
2%
2025
$5,653
2%
$472,194
2%
2024
$5,533
-1%
$462,936
2%
2023
$5,563
1%
$453,860
2%
2022
$5,493
2%
$444,962
2%
2021
$5,393
1%
$436,238
1%
2020
$5,316
5%
$431,766
2%
2019
$5,042
272%
$423,300
289%
2018
$1,354
2%
$108,760
2%
2017
$1,333
4%
$106,628
2%
2016
$1,284
1%
$104,538
2%
2015
$1,266
3%
$102,970
2%
2014
$1,233
-1%
$100,955
—
2013
$1,249
—
$100,501
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 33235 Bailey Park Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Alta Realty Group CA, Inc, KennethThurman

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33235 Bailey Park Drive, Menifee, CA 92584 (MLS# OC26164279) is a Commercial property. 33235 Bailey Park Drive is currently listed for $1,199,000 and was received on July 28, 2026. Want to learn more about 33235 Bailey Park Drive? Do you have questions about finding other Commercial real estate for sale in Menifee? You can browse all Menifee real estate or contact a Coldwell Banker agent to request more information.

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