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25063-25189 Monroe Ave 4.25 Acres of Commercial Land Offered at $4,100,000 in Murrieta, CA 92562
Executive Summary
GREAT DEVELOPEMENT AND INVESTMENT OPPORTUNITY. A prime location, with 720 frontages on northbound 15 freeway surrounded by ongoing multi-family, medical offices, shopping centers and walking distance to the new approved 2 million S.F. planned mall in Murrieta Golden Tri Angle. Located in heart of Temecula Valley in Golden Triangle between Freeway I-15 and 215 freeway. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. The sales include two parcels with APN# 949-210-019 for $1,100,000 & 949-210-020 for $3,000,000. Each parcel can be purchased separately or together. Both parcels are tenant occupied with a total monthly rental of $4,500. "VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned mixed use/office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, hotel, church, private school & variety of other commercial uses. Please see the attached supplements for more detail about zoning. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.
Property Facts
1 Lot Available
Lot 1 & 2
| Price | $4,100,000 | Lot Size | 4.25 AC |
| Price Per AC | $964,705.88 |
| Price | $4,100,000 |
| Price Per AC | $964,705.88 |
| Lot Size | 4.25 AC |
The sales include two parcels with APN# 949-210-019 for $1,100,000 & 949-210-020 for $3,000,000. Each parcel can be purchased separately or together. Both properties are tenant occupied.
Description
The sales include two parcels with APN# 949-210-019 for $1,100,000 & 949-210-020 for $3,000,000. Each parcel can be purchased separately or together. Both parcels are tenant occupied with a total monthly rental of $4,500. "VALUE IS IN LAND" properties being sold "AS IS"
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Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $289,105 | |
| Land Assessment | $745,087 | Total Assessment | $1,034,192 |
Property Taxes
Parcel Numbers
Land Assessment
$745,087
Improvements Assessment
$289,105
Total Assessment
$1,034,192
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25063-25189 Monroe Ave
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