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    35800 Arendt Ln Murrieta, CA 92563

    Sponsored
    For Sale
    $1,850,000

    5+ Acres, Ready to Build, High Demand

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 5+ acre parcel in Murrieta, CA (APN 392-330-013), presents a remarkable opportunity for residential development. Recently rezoned for SFR development, allowing for the construction of 5-10 units per acre, this property is poised for immediate construction. The City of Murrieta has completed all necessary environmental reviews, streamlining the development process. The location offers unparalleled convenience, situated a quarter-mile from the 215 Freeway on-ramp and a quarter-mile from Loma Linda University Hospital. A high school is directly across the street, enhancing the desirability of the future residential community. Further adding to its appeal, a Costco is under construction just a quarter-mile away, promising increased foot traffic and property value appreciation. Surrounding developments demonstrate strong market demand and successful projects in the area. This prime location and favorable zoning make this a highly sought-after development opportunity. The asking price is $1,850,000. Don't miss this chance to capitalize on this exceptional investment.

    Property Features for 35800 Arendt Ln

    General Information

    Property type
    Land

    HighLights

    • Costco under construction 0.25 miles away.
    • 5‑10 single‑family residential (SFR) units per acre zoning.
    • High school across the street.
    • Surrounding area shows strong development activity.
    • 0.25 miles to the 215 Freeway on‑ramp.
    • 0.25 miles to Loma Linda University Hospital.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.15847699758
    Latitude
    33.599353876489

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    FAQs

    What type of property is this?
    Land - 5+ Acres, Ready to Build, High Demand
    Where is this land located?
    The property is located at 35800 Arendt Ln Murrieta, CA.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: Costco under construction 0.25 miles away.; 5-10 single-family residential (SFR) units per acre zoning.; High school across the street.
    (310) 293-9860
    Request Owner's contact information
    35800 Arendt Ln 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
    35800 Arendt Ln Murrieta, CA 92563
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