Property profile

24831 Jefferson Ave Murrieta, CA 92562

OFF-MARKET
Retail properties & Spaces
44,125 SF Built 2009
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Property summary

AI-generated overview

Town Center Plaza, located at 24831 Jefferson Ave, Murrieta, CA 92562, offers a unique investment opportunity. This 44,125 square foot Class B retail center, built in 2009, boasts a prime location across from Murrieta Town Square Park and a block from the I-15 freeway interchange, ensuring high visibility and accessibility. The property features multiple tenancies, currently including 1,680 square feet of vacant space ideal for restaurants or retail businesses. A 0.98-acre pad is also available for ground lease, presenting additional development potential. The center benefits from ample parking and convenient rear loading access. The property is zoned Commercial (SP8), allowing for mixed-use development. The APN is 906-080-057, 906-080-056, and 906-080-058. No elevators are present in the building. This property presents a compelling opportunity to capitalize on the thriving Murrieta market. Note that pricing, tenant mix, and availability are subject to change.

Property profile

Verified
Property type Retail properties & Spaces
Year built 2009
Total area 44,125 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Solar Energy Company Solar Energy Contractor
  • Training Center Sports School
  • Tattoo & Piercing Shop
  • Hair Salon
  • Restaurant Cafe & Coffee Shop

Location

24831 Jefferson Ave Murrieta, CA 92562
Murrieta metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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