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    32 Ac Jackson Ave Murrieta, CA 92562

    Sponsored
    For Sale
    $13,500,000

    32 Acres, I-15/215 Access, High Potential

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional 32.13-acre vacant commercial land parcel presents a significant development or investment opportunity in Murrieta, California. Strategically located near the I-15 and I-215 interchange, just north of Temecula, this property boasts approximately 1,350 feet of frontage on Jackson Avenue (APN: 910-100-026). The land is zoned Community Commercial, offering flexibility for various development projects. Public water and sewer are readily accessible via Jackson Avenue and Whitewood Road. Existing curb and gutter improvements along Jackson Avenue further enhance the site's appeal. The property, while a single legal parcel, has both residential and commercial zoning potential. Preliminary discussions with the city suggest the possibility of incorporating a mixed-use component, potentially increasing residential density within the commercially zoned area. The asking price is $13,500,000, translating to a land value of $9.65 per square foot. This prime location and zoning flexibility make this a truly exceptional opportunity for discerning investors and developers. The property's size and accessibility make it ideal for a variety of commercial and potentially mixed-use developments.

    Property Features for 32 Ac Jackson Ave

    General Information

    Property type
    Land
    Lot Size
    1,399,583 SF

    HighLights

    • 32.13‑acre vacant commercial land parcel in Murrieta, CA.
    • Prime location near I‑15 and I‑215 interchange, north of Temecula.
    • 1,350 feet of frontage on Jackson Avenue (APN: 910‑100‑026).
    • Community Commercial zoning, allowing for diverse development options.
    • Public water and sewer available.
    • Existing curb and gutter improvements on Jackson Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.1946901
    Latitude
    33.5627299

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    FAQs

    What type of property is this?
    Land - 32 Acres, I-15/215 Access, High Potential
    Where is this land located?
    The property is located at 32 Ac Jackson Ave Murrieta, CA.
    What is the asking price?
    The asking price for this property is $13,500,000.
    What are key features of this property?
    This property features: 32.13-acre vacant commercial land parcel in Murrieta, CA.; Prime location near I-15 and I-215 interchange, north of Temecula.; 1,350 feet of frontage on Jackson Avenue (APN: 910-100-026).
    Request Owner's contact information
    32 Ac Jackson Ave 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
    32 Ac Jackson Ave Murrieta, CA 92562
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