29955 Technology DrMurrieta, CA 92563
- Retail properties
- 1,412 SF
Property Details for 29955 Technology Dr
- Year built
- 2006
- Construction
- TILT-UP CONCRETE
- Property size (Sq ft)
- 1,412 SF
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 957-331-024
- APU
- 957331024
Description
This exceptional retail or restaurant opportunity is located at 29955 Technology Drive in the thriving Murrieta submarket of Riverside County. The property boasts a total of 24,948 square feet, with 2,135 square feet currently available for lease. Built in 2006, this multi-tenant building sits on a generous 5.65-acre lot and is zoned SP. The property features three parking spaces and offers excellent visibility due to its Winchester Road frontage. The location is surrounded by a strong daytime and residential population, making it ideal for a variety of commercial uses. Its strategic position within the Murrieta trade area, surrounded by other retail establishments, offices, business parks, and residential areas, ensures high foot traffic and strong potential for success. The property's APN is 957-331-024 thru 033. This is a rare opportunity to secure a well-positioned retail space in a vibrant and growing community. Don't miss out on this chance to establish your business in a prime Murrieta location. The available space is perfectly suited for retail and/or service-oriented commercial users.
Valuation
by Realmo methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $570,470
- 6.5%
- $526,588
- 7%
- $488,974
-
Comparable approach
- Method
- Valuation
- Relative Method
- $624,195
- Geo Method
- $1,252,394
-
Alternative Use
- Use
- Valuation
- Residential
- $444,196
- Hospitality
- $406,881
- Educational
- $338,521
- Medical
- $350,163
- Retail
- $526,588
Location Insight
- City
- Murrieta
- County
- Riverside
- State
- California
- Latitude
- 33.5601
- Longitude
- -117.138
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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