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29275 Santiago Rd 23,535 SF Specialty Building Offered at $6,500,000 in Temecula, CA 92592
Executive Summary
This former Hillcrest Academy K–8 school campus presents a rare value-add redevelopment opportunity in the heart of Temecula. The property consists of multiple existing structures situated on approximately 3.6 acres of usable land, offering significant potential for repositioning, renovation, or adaptive reuse.
The campus requires substantial improvements and is being offered as an investment opportunity for buyers seeking redevelopment, institutional use, educational repositioning, or alternative adaptive reuse strategies. Ideal for experienced operators, developers, or educational users looking to transform an existing site into a revitalized asset.
The campus requires substantial improvements and is being offered as an investment opportunity for buyers seeking redevelopment, institutional use, educational repositioning, or alternative adaptive reuse strategies. Ideal for experienced operators, developers, or educational users looking to transform an existing site into a revitalized asset.
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Property Facts
| Price | $6,500,000 | Lot Size | 3.60 AC |
| Price Per SF | $276.18 | Building Size | 23,535 SF |
| Sale Type | Investment or Owner User | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1994 |
| Property Subtype | School | Parking Ratio | 1.41/1,000 SF |
| Building Class | C | ||
| Zoning | SP2(Special Purpose 2) - Medium-high density residential zoning | ||
| Price | $6,500,000 |
| Price Per SF | $276.18 |
| Sale Type | Investment or Owner User |
| Property Type | Specialty |
| Property Subtype | School |
| Building Class | C |
| Lot Size | 3.60 AC |
| Building Size | 23,535 SF |
| No. Stories | 1 |
| Year Built | 1994 |
| Parking Ratio | 1.41/1,000 SF |
| Zoning | SP2(Special Purpose 2) - Medium-high density residential zoning |
Amenities
- Air Conditioning
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 922-130-018 | Improvements Assessment | $1,041,739 |
| Land Assessment | $2,722,731 | Total Assessment | $3,764,470 |
Property Taxes
Parcel Number
922-130-018
Land Assessment
$2,722,731
Improvements Assessment
$1,041,739
Total Assessment
$3,764,470
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29275 Santiago Rd