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    24831 Jefferson Ave Murrieta, CA 92562

    Sponsored
    For Lease
    $33 SF/Yr

    Murrieta, CA retail center: prime location

    Lot size:
    44,125 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Town Center Plaza, located at 24831 Jefferson Ave, Murrieta, CA 92562, offers a unique investment opportunity. This 44,125 square foot Class B retail center, built in 2009, boasts a prime location across from Murrieta Town Square Park and a block from the I-15 freeway interchange, ensuring high visibility and accessibility. The property features multiple tenancies, currently including 1,680 square feet of vacant space ideal for restaurants or retail businesses. A 0.98-acre pad is also available for ground lease, presenting additional development potential. The center benefits from ample parking and convenient rear loading access. The property is zoned Commercial (SP8), allowing for mixed-use development. The APN is 906-080-057, 906-080-056, and 906-080-058. No elevators are present in the building. This property presents a compelling opportunity to capitalize on the thriving Murrieta market. Note that pricing, tenant mix, and availability are subject to change.

    Property Features for 24831 Jefferson Ave

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    44,125 SF
    Class
    B
    Total Rate
    121343.75

    Building Details

    Year Built
    2009

    Unit(s) available at that property

    Space
    0.98± Pad
    Size
    42,689 SF
    Space
    Suite 205
    Size
    1,680 SF
    Rate per SF
    $33
    Space
    Suite 110
    Size
    1,680 SF
    Rate per SF
    $33

    HighLights

    • 44,125 SF neighborhood retail center.
    • Excellent parking and rear loading access.
    • Located directly across from Murrieta Town Square Park.
    • One block from the I‑15 freeway interchange.
    • Within walking distance of the Historic Murrieta District.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ilum Solar Solar Energy Company Checkmat BJJ Murrieta Martial Arts School Dimlight Studio Tattoo Shop Lashesby_tes Eyebrow Bar Mr. Chi Boba ... Tea House

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.207759
    Latitude
    33.55842

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    FAQs

    What type of property is this?
    Individual retail property - Murrieta, CA retail center: prime location
    Where is this individual retail property located?
    The property is located at 24831 Jefferson Ave Murrieta, CA.
    What is the lease rate?
    The lease rate is $0.00-$33 SF/Yr.
    What are key features of this property?
    This property features: 44,125 SF neighborhood retail center.; Excellent parking and rear loading access.; Located directly across from Murrieta Town Square Park.
    Request Owner's contact information
    24831 Jefferson 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
    24831 Jefferson Ave Murrieta, CA 92562
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