215 And Baxter Rd Murrieta, CA 92563
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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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.