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    37377 Industry Way Murrieta, CA 92563

    Sponsored
    For Sale
    $2,160,936

    6,833 SF Office/Warehouse, $2.1M

    Property size:
    6,833 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 6,833-square-foot building, completed in February 2023, offers a unique blend of executive office and warehouse space. Located at 37377 Industry Wy, Murrieta, CA 92563, in the French Valley Airport Center Phase III, this property boasts a modern design and energy-efficient features. The building features a 16-foot ceiling height, one dock-high door, and ample parking with 16 spaces. Priced at $2,160,936 ($316.25/sq ft), this gross lease property offers a 3-year lease term. The building is part of a larger development with buildings ranging from 4,623 to 7,995 square feet, some featuring private yards. Its convenient location provides easy access to the 215 Freeway (8-minute drive via Clinton Keith Road), Murrieta Hot Springs Road and Highway 79 (5-minute drive), and is close to restaurants, shops, residential areas, and wineries. A unique "Try Before You Buy!" program offers a fixed-price lease with an option-to-purchase. This property presents a compelling investment opportunity in a thriving location. The property is situated in Riverside County and benefits from its proximity to French Valley Airport.

    Property Features for 37377 Industry Way

    General Information

    Property type
    Distribution properties
    Square Feet
    6,833 SF

    Building Details

    Year Built
    2023
    Buildings
    19

    HighLights

    • 8‑minute drive to the 215 Freeway via Clinton Keith Road; 5‑minute drive to Murrieta Hot Springs Road and Highway 79.
    • Building sizes range from 4,623 to 7,995 square feet.
    • Select buildings offer private yards.
    • Excellent location near restaurants, shops, residential areas, and wineries.
    • Up to 3‑year lease terms available.
    • Try Before You Buy! program offers a fixed‑price lease with option to purchase.
    Property Profile Location Intelligence

    Current Use by Public Records

    Distribution centers

    Map

    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.1250237
    Latitude
    33.576922

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    FAQs

    What type of property is this?
    Distribution property - 6,833 SF Office/Warehouse, $2.1M
    Where is this distribution property located?
    The property is located at 37377 Industry Way Murrieta, CA.
    What is the asking price?
    The asking price for this property is $2,160,936.
    What are key features of this property?
    This property features: 8-minute drive to the 215 Freeway via Clinton Keith Road; 5-minute drive to Murrieta Hot Springs Road and Highway 79.; Building sizes range from 4,623 to 7,995 square feet.; Select buildings offer private yards.
    Request Owner's contact information
    37377 Industry Way Murrieta, CA 92563
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    Murrieta, CA 92563
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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
    37377 Industry Way Murrieta, CA 92563
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