35800 Arendt Ln Murrieta, CA 92563
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.