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    40480 Carrigan Rd Murrieta, CA 92562

    Sponsored
    For Sale
    $3,798,000

    Commercial Sale - Murrieta, CA

    Property size:
    3,085 SF
    Days on Market:
    316
    Last Refresh:
    Jan 5 at 2:06 pm

    Property Features for 40480 Carrigan Rd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Mixed Use,offic commercia
    APN
    949180012
    Interior features
    Phone System, Tv System
    Size
    3,085 SF

    Utilities

    Utilities
    Phone Available

    Building Details

    Year built
    1979
    Architectural style
    Other

    Coldwell Banker Residential Brokerage (949) 466-6193 [email protected]

    Listing agent Ed Farnaghi (949) 837-5700 License #01004996

    Listing date Feb 24, 2025

    MLS# OC25035343 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Murrieta Mixed-Use Development Opportunity

    This property presents a development and investment opportunity in a location surrounded by multi-family residences, medical offices, and shopping centers. It is within walking distance of new developments and offers views of Temecula Valley city lights and the panoramic valley in the Golden Triangle, situated between Freeway I-15 and 215 in Temecula Valley. The location is central to Orange, Los Angeles, and San Diego Counties. The property, zoned mixed-use/office with a transit-oriented high-density residential overlay, is being sold as-is, with the value primarily attributed to the land. Future development potential includes high-density/multifamily residential with a minimum of 30 units per acre, office spaces, churches, private schools, and various other commercial uses. The sale includes two parcels, APN# 949-180-011 and 949-180-012, which can be purchased separately or together. Each parcel has a home, and both homes are tenant-occupied, generating a total monthly rental income of $3,500. The property size is 3085 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.186588
    Latitude
    33.561204

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    FAQs

    What type of property is this?
    Commercial land - Prime location for high-density residential and mixed-use commercial development.
    Where is this commercial land located?
    The property is located at 40480 Carrigan Rd Murrieta, CA.
    What is the asking price?
    The asking price for this property is $3,798,000.
    What are key features of this property?
    This property features: - Prime location in Temecula Valley's Golden Triangle, offering city lights and panoramic valley views.; - Excellent development opportunity for high-density residential and mixed-use commercial projects.; - Zoned mixed-use/office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY", allowing for diverse development options.
    (951) 510-8489
    Request Owner's contact information
    40480 Carrigan Rd Murrieta, CA 92562
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    Murrieta, CA 92562
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    40480 Carrigan Rd Murrieta, CA 92562
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