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Old Town Front St 0.87 Acres of Commercial Land Offered at $975,000 in Temecula, CA 92590
INVESTMENT HIGHLIGHTS
- Adjacent to approved 50-room hotel project
- Service Commercial Zoning
EXECUTIVE SUMMARY
The subject property is located in the city of Temecula and consists of a total of 0.87 acres. The property is flat in topography and is located on Old Town Front St with approximately 317 feet of frontage with traffic counts of 9,276 cars per day. The property has a length on the eastern and western side of 317 feet with a depth 120 feet. The city has designated this part of Old Town Front St as an arterial street which requires setbacks of: Front (25 ft), Rear (10 ft), and Side (0 ft). However, the approved hotel to the north was granted a variance to allow for smaller setbacks given the narrow size of the property. On the west end of the property (back) is Santa Gertrudis Creek which is governed by the County of Riverside and has been designated as a “Criteria Cell”. This designation requires a proposed project to work within the MSHCP. In regards to utilities there are power lines running across the eastern side of the property, with water and sewer both located on Old Town Front St. The property lies just ½ mile from I-15 at Temecula Pkwy, just over one mile from I-15 at Rancho California Rd, and approximately ½ mile from Old Town Temecula.
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $975,000 | Lot Size | 0.87 AC |
| Price Per AC | $1,120,689.66 |
| Price | $975,000 |
| Price Per AC | $1,120,689.66 |
| Lot Size | 0.87 AC |
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 922-100-038 | Improvements Assessment | $0 |
| Land Assessment | $634,221 | Total Assessment | $634,221 |
PROPERTY TAXES
Parcel Number
922-100-038
Land Assessment
$634,221
Improvements Assessment
$0
Total Assessment
$634,221
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Old Town Front St
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