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24264 Washington

Murrieta, CA 92562
  • $3,500,000
  • STATUS: ACTIVE
  • ON SITE: 424 Days
  • ID#: EV21091286
UPDATED: 151 min ago
$3,500,000
  • 0
    BEDS
  • 5.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Description

Prime commercial development opportunity on 5.34 level acres in one of Southern CAs fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare with substantial radius of newer single and multi-family housing communities, and in proximity to schools, freeways and recently approved developments including a 7-Eleven with an 8 pump gas station planned for the adjacent corner lot (construction expected to commence Summer of 2022, and completed Q1-Q2 2023). Two residential houses, most likely tear-downs, on property and currently generating rental income. Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property. Prime commercial development opportunity on 5.34 level acres in one of Southern CAs fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare with substantial radius of newer single and multi-family housing communities, and in proximity to schools, freeways and recently approved developments including a 7-Eleven with an 8 pump gas station planned for the adjacent corner lot (construction expected to commence Summer of 2022, and completed Q1-Q2 2023). Two residential houses, most likely tear-downs, on property and currently generating rental income. Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
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24264 Washington Murrieta, CA 92562

  • Price: $3,500,000
  • Status: ACTIVE
  • On Site: 424 Days
  • Updated: 151 min ago
  • ID#: EV21091286
0
Beds
0
Baths
0
½ Baths
5.34
Acres
Neighborhood:
Riv Cty-Murrieta (92562)
County:
Riverside
Area:
Riv Cty-Murrieta (92562)
Property Description
Prime commercial development opportunity on 5.34 level acres in one of Southern CAs fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare with substantial radius of newer single and multi-family housing communities, and in proximity to schools, freeways and recently approved developments including a 7-Eleven with an 8 pump gas station planned for the adjacent corner lot (construction expected to commence Summer of 2022, and completed Q1-Q2 2023). Two residential houses, most likely tear-downs, on property and currently generating rental income. Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property. Prime commercial development opportunity on 5.34 level acres in one of Southern CAs fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare with substantial radius of newer single and multi-family housing communities, and in proximity to schools, freeways and recently approved developments including a 7-Eleven with an 8 pump gas station planned for the adjacent corner lot (construction expected to commence Summer of 2022, and completed Q1-Q2 2023). Two residential houses, most likely tear-downs, on property and currently generating rental income. Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property.
Exterior Features

Fencing N/K Lot Dimensions Approx 330X620x405x370 Site Sidewalks Topography Level

Property Features

Home Owners Fees 0.0 Utilities Available Electric

San Diego MLS logo Listing provided courtesy of Wheeler Steffen Sotheby's Int. Listing information © 2022 San Diego MLS Inc. Source: CRMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Cameron & Company Real Estate Group | RE/MAX Empire Properties
24663 Monroe Ave Ste B101
Murrieta CA, 92562