Property profile

41851 Kalmia St Murrieta, CA 92562

OFF-MARKET
Mixed-use properties
Property ID
US09-4855662
1,700 SF 2.52 ac lot Built 1972
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Property summary

AI-generated overview

This exceptional 2.5-acre mixed-use property in Murrieta, CA, presents a fantastic investment opportunity. The property boasts high visibility and significant traffic flow due to its central location near the I-15 freeway, Murrieta's Old Town, shopping centers, schools, and restaurants. The existing structure is a single-story, approximately 1,700 square foot home featuring three bedrooms and two full bathrooms, recently updated. This versatile property offers countless development possibilities, making it ideal for a variety of commercial uses. Preliminary proposals for development have already been submitted to the City of Murrieta. Prospective buyers are strongly encouraged to contact the City of Murrieta directly to explore the full range of permitted uses and development options. The property's prime location and substantial size make it a rare and highly desirable investment in a rapidly growing area. The asking price is $1,799,000. Detailed information regarding the submitted proposals and potential development scenarios can be obtained through direct communication with the City of Murrieta. This is a unique chance to acquire a significant commercial property with substantial upside potential. Don't miss this opportunity to secure a prime piece of Murrieta real estate.

Property profile

Verified
Property type Mixed-use properties
Year built 1972
Total area 1,700 SF
Lot 2.52 ac (109,771 SF)
UPID US09-4855662

Cap rate & NOI

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

Location

41851 Kalmia St Murrieta, CA 92562
Murrieta metro
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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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