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    215 And Baxter Rd Murrieta, CA 92563

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    For Sale
    Contact for pricing

    7.17 Acres, Prime Murrieta Location

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    396
    This exceptional 7.17-acre land parcel in Murrieta, California, presents a unique investment opportunity. Located at the intersection of Interstate 215 and Baxter Road, in Riverside County, zip code 92563 (33.6122701, -117.1611116), this property is zoned for Office Research Park (ORP) and Civic/Institutional (C/I) uses. The land is offered at $28 per square foot. Detailed breakdown of the individual parcels is available upon request. Parcel 1 encompasses 1.74 acres (75,794 sq ft) and is priced at $30 per square foot, totaling $2,273,820. Parcel 4 comprises 3.62 acres (157,687 sq ft) at $30 per square foot, for a total price of $4,730,610. Finally, Parcel 5 covers 1.81 acres (78,844 sq ft) at $30 per square foot, amounting to $2,365,320. The combined asking price for all three parcels is $9,369,750. This prime location offers excellent visibility and accessibility, making it ideal for a variety of development projects. The property's strategic location and flexible zoning provide significant potential for future growth and return on investment. Detailed site plans and further information are available upon request.

    Property Features for 215 And Baxter Rd

    General Information

    Property type
    Land
    Lot Size
    312,325 SF

    HighLights

    • Parcel 1: 1.74 acres (75,794 SF), $30/SF, $2,237,820 asking price.
    • Parcel 4: 3.62 acres (157,687 SF), $30/SF, $4,730,610 asking price.
    • Parcel 5: 1.81 acres (78,844 SF), $30/SF, $2,365,320 asking price.
    • Total: 9.15 acres (398,574 SF), $28/SF, $9,369,750 asking price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.1611116
    Latitude
    33.6122701

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    FAQs

    What type of property is this?
    Land - 7.17 Acres, Prime Murrieta Location
    Where is this land located?
    The property is located at 215 And Baxter Rd Murrieta, CA.
    What are key features of this property?
    This property features: Parcel 1: 1.74 acres (75,794 SF), $30/SF, $2,237,820 asking price.; Parcel 4: 3.62 acres (157,687 SF), $30/SF, $4,730,610 asking price.; Parcel 5: 1.81 acres (78,844 SF), $30/SF, $2,365,320 asking price.
    (858) 334-4041
    Request Owner's contact information
    215 And Baxter Rd 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
    215 And Baxter Rd Murrieta, CA 92563
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