Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    35800 Arendt Ln Murrieta, CA 92563

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    5+ Acres, Ready to Build, High Demand

    Property Features for 35800 Arendt Ln

    General Information

    Property type
    Land

    We can help!

    Listing Contact
    Lou Lollio
    Lou Lollio

    Listing Agent: Lou Lollio

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    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 Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    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

    Nearby Similar for Sale

    • $180,000

      Ice Cream Shop Business Opportunity

      Established ice cream, drinks, and fast bites shop for sale.
      40469 Murrieta Hot Springs Rd, Murrieta, CA 92563
      View Details
    • $875,000
      1,982 SF

      Historical Downtown Murrieta Venue

      Charming 1903 building, modernized, on a large lot.
      24771 Washington Ave, Murrieta, CA 92562
      View Details
    • $750,000
      1,305 SF

      Mixed-Use Property in Prime Location

      Mixed-use property with high visibility and strong traffic.
      41667 Kalmia St, Murrieta, CA 92562
      View Details
    • $1,450,000
      4,843 SF

      Versatile Commercial Building in Murrieta

      Commercial building in prime Murrieta location, ideal for various uses.
      41610 Date St, Murrieta, CA 92562
      View Details
    • Contact for pricing

      Leased Industrial Building in Murrieta

      Two-tenant industrial building in Bixby Commerce Center, 100% leased.
      41638 Eastman Dr, Murrieta, CA 92562
      View Details
    • $950,000

      Versatile Commercial Condo in Murrieta

      Commercial condo with offices and warehouse space in central location.
      41765 Elm St, Murrieta, CA 92562
      View Details
    • $1,200,000

      Historic Downtown Retail Property

      Unique corner property in historic downtown Murrieta.
      42030 C St, Murrieta, CA 92562
      View Details
    • $1,125,000
      19,604 SF

      Commercial Condo For Sale

      Commercial condo available for purchase. Do not disturb tenant.
      26855 Jefferson Ave, Murrieta, CA 92562
      View Details
    • Contact for pricing
      6,681 SF

      High-Image Murrieta Flex Space

      Fully built-out, high-image flex space in Murrieta, California.
      38790 Sky Canyon Dr, Murrieta, CA 92563
      View Details
    • $419,900

      Office Space in Ivy Springs

      Office space in Murrieta's Ivy Springs Business Park.
      41700 Ivy D, Murrieta, CA 92562
      View Details
    • $75,000

      Retail Space with High Potential

      Retail space with high potential in a prime location.
      40250 Murrieta Hot Springs Rd, Murrieta, CA 92563
      View Details
    • $495,000
      274,864.00 Acres

      La Cresta Ranch Land

      6.31 acre lot with permitted house pad and avocado trees.
      35380 Avenida La Cresta, Murrieta, CA 92562
      View Details

    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 Call to check price and availability
    Request Owner's contact information
    35800 Arendt Ln Murrieta, CA 92563
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    35800 Arendt Ln
    Murrieta, CA 92563
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Lou Lollio
    Lou Lollio
    Real Estate License ID: 00829436
    (310) 293-9860 (760) 659-0305
    Learn more
    Google sign-in failed. Please try again or use another login method.