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    NW Of Elm St And Madison Ave Murrieta, CA

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    For Sale
    $980,100

    2.25 acres of industrial land in Murrieta, California.

    Property size:
    98,010 SF
    Lot size:
    2.25 Acres

    Property Features for NW Of Elm St And Madison Ave

    General Information

    Size
    98,010 SF
    Lot size
    2.25 Acres

    Source: Lee & Associates Agent Charley Black

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Industrial Land Near Madison Avenue

    This property features 2.25 acres of industrial land. It is zoned BP by the City of Murrieta; verification of zoning is recommended. The neighboring parcel was developed in 2024. Expansion of Madison Avenue is planned between Elm Street and Guava Street.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.289296
    Latitude
    33.544818

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    FAQs

    What type of property is this?
    Land - 2.25 acres of industrial land in Murrieta, California.
    Where is this land located?
    The property is located at NW Of Elm St And Madison Ave Murrieta, CA.
    What is the asking price?
    The asking price for this property is $980,100.
    What are key features of this property?
    This property features: - 2.25 Acres of Industrial Land; - BP Zoning (City of Murrieta); - Madison Ave Expansion Planned
    (951) 445-4507
    Request Owner's contact information
    NW Of Elm St And Madison Ave Murrieta, CA
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    Murrieta, CA
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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
    NW Of Elm St And Madison Ave Murrieta, CA
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