40480 Carrigan Road Murrieta, CA 92562
- Added:
- Feb 24, 2025
- Days on Market:
- 426
- Last Refresh:
- Apr 26 at 12:06 am
Property Features for 40480 Carrigan Road
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Mixed Use,offic commercia
- Interior features
- Phone System, Tv System
- Standard status
- Pending
- APN
- 949180012
- Size
- 3,085 SF
Utilities
- Utilities
- Phone Available
Building Details
- Year built
- 1979
- Architectural style
- Other
Listing agent Ed Farnaghi License #01004996 (949) 510-8489
Listing office Coldwell Banker Realty 27782 Vista Del Lago, Suite C2, Mission Viejo, CA (949) 837-5700
Listing date Feb 24, 2025
MLS# OC25035343
Listing URL
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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
Location Insight
- Map
- Local Demand
- City
- Murrieta
- County
- Riverside
- State
- California
- Longitude
- -117.1868937
- Latitude
- 33.5615502
Nearby Similar for Sale
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 Road 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.
