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- LoopNet Team
McElwain & Delaney Circle Rd
Murrieta, CA 92562
Land - 4.84 Acres · Land For Sale
·
4.84 AC
Investment Highlights
- Up to 48 SF-2 or MF-1 Units; More Units Can Be Available with PUD Overlay; Check with City
- Easy Access to I-215, Clinton Keith Exits, Vista High School, Loma Linda Hospital
- Adjacent property North of Linnell rezoned to MF-2 (15.1 to 18.0 du/ac. 8/7/2020.
- 270-degree views over Super Target, Tractor Supply Center
- McElwain Road, Linnel Lane Keyc to Murrieta Continued Future Growth
Property Facts
| Property Type | Land | Total Lot Size | 4.84 AC |
| Property Subtype | Residential | Cross Streets | McElwain Rd & Delaney Circle |
| Proposed Use | Single Family Development | ||
| Zoning | SF-2 | ||
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | Single Family Development |
| Total Lot Size | 4.84 AC |
| Cross Streets | McElwain Rd & Delaney Circle |
| Zoning | SF-2 |
Description
THE LAND. Nearly 600-ft frontage on McElwain Rd. Between Delaney Circle and Linnell Lane. APN # 392-260-009 is 2.45 acres. Adjoining APN # 392-260-010 is 2.39 acres. Elevated site with spectacular 270-degree views; East view over Regional Retail with Super Target & Tractor Supply. THE TERMS. Owner will consider Cash Sale, Cash to New Loan and Sale Conditioned on Zoning Approvals For SP-2 Permitted or CUP Uses. THE ZONING. Single Family Residential (SFR-2) 5.01 to 10 Units per acre in Central Murrieta’s key SFR & multi-family growth area. This site is the prime undeveloped and developable property in this fast-growing Central Murrieta I-215 sector between Clinton Keith and Keller Road (2020) Interchanges. Multi-Family, Condo,Townhouse permitted. Assisted Living/Skilled Nursing and other Child/Adult Care Facilities are allowed with Conditional Use Permits. In 2035 General Plan Circulation Element, McElwain is designated as MAJOR Roadway connecting to Keller Road, and the Linnell Lane Overpass that now connects to Loma Linda Hospital is also shown as SECONDARY connection West and South to Clinton Keith. PRIOR PLANS. Under prior Business Park zoning, concept design and site plans were prepared for a Mixed Use Seniors/Wellness Project with Parking Structures including adjoining properties, but no completed application was filed. Adjacent properties are zoned SF-2 to South & West, Multifamily 2 (15.1 to 18.0 DU/ac.) to North, Retail to East.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $110,373 | Total Assessment | $110,373 |
Property Taxes
