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Investment Highlights

  • $1,690,700 For Sale Price
  • Zoned Office Research
  • ±2.65 AC

Property Facts

Price $1,690,700
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Medical
Total Lot Size 2.65 AC

1 Lot Available

Lot

Price $1,690,700
Price Per AC $638,000.00
Lot Size 2.65 AC

Description

The subject property consists of a ±2.65-acre vacant land parcel located in the City of Murrieta, California, positioned on the corner of Joan Dunn Street and Devon Street, directly adjacent to Loma Linda University Medical Center – Murrieta. Located within a well-established medical and professional corridor near Loma Linda University Medical Center, this site presents an excellent opportunity for medical, office, and research-oriented development. The property features a flat, usable configuration that supports efficient site planning and development flexibility. Its proximity to major healthcare facilities creates strong demand from medical users, including clinics, urgent care providers, specialty practices, and professional office groups. The surrounding area is developed with a strong mix of medical campuses, professional office buildings, and supporting commercial amenities, providing long-term stability and a built-in user base. Convenient access to nearby freeways and major thoroughfares offers excellent regional connectivity throughout the Inland Empire and surrounding Southern California markets. The property is zoned Office Research Park (ORP), allowing for a wide range of professional office, medical office, research and development, and innovation-driven uses. The ORP designation is intended to support high-quality campus-style development aligned with the City’s long-term employment and economic growth vision. The property also includes an approximately 1,952 square foot manufactured home built in 1979. The residence is currently occupied and may provide potential interim rental income or on-site occupancy while future development plans are pursued. This offering is ideal for an owner-user seeking to establish a presence near a major medical hub or an investor/developer looking to capitalize on strong healthcare-related demand and limited available land within this highly desirable submarket.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
384-240-014
Land Assessment
$127,897
Improvements Assessment
$63,107
Total Assessment
$191,004
  • Listing ID: 40621569

  • Date on Market: 5/21/2026

  • Last Updated:

  • Address: 28330 Joan Dunn Ln, Murrieta, CA 92563

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