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    Jackson Ave Murrieta, CA 92563

    Sponsored
    For Sale
    $14,990,000

    Prime Murrieta land, ideal for development.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 19.77-acre parcel in Murrieta, California, presents a remarkable investment opportunity. Located in Riverside County, with APN 910-100-018, the property boasts a Community Commercial (CC) zoning designation, offering a wide array of potential uses. Permitted uses under the current zoning include, but are not limited to, auto dealerships, hotels, medical facilities, offices, retail centers, and personal storage facilities. Additional uses may be possible with a Conditional Use Permit or Zone Change. The site also holds potential for future Innovation District zoning, expanding development possibilities to include education, public assembly, light industrial, medical, office, and research & development uses. Strategically positioned, the property enjoys approximately 1,400 feet of freeway frontage along the I-15, bordered by Jackson Ave and Elm Street. Its convenient location is approximately one mile from Murrieta Hot Springs and the 215 Freeway on and off-ramp, and less than two miles from Winchester Rd. and its freeway access. This expansive land parcel offers significant potential for a variety of commercial and potentially light industrial developments, making it an attractive investment in a thriving Southern California market. The asking price is $14,990,000. The address is Jackson Ave, Murrieta, CA 92563.

    Property Features for 0 Jackson Ave

    General Information

    Property type
    Land
    Lot Size
    861,181 SF

    HighLights

    • $14,990,000 asking price.
    • 19.77‑acre land parcel.
    • Community Commercial zoning.
    • APN: 910‑100‑018.
    • Prime location with approximately 1,400 feet of I‑15 freeway frontage.
    • Buyer's broker commission is 1.5% of the purchase price.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.177949
    Latitude
    33.5474245

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    FAQs

    What type of property is this?
    Land - Prime Murrieta land, ideal for development.
    Where is this land located?
    The property is located at Jackson Ave Murrieta, CA.
    What is the asking price?
    The asking price for this property is $14,990,000.
    What are key features of this property?
    This property features: $14,990,000 asking price.; 19.77-acre land parcel.; Community Commercial zoning.
    Request Owner's contact information
    Jackson Ave 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
    Jackson Ave Murrieta, CA 92563
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