40480 Carrigan Rd - Residential LAND FOR SALE


Murrieta, CA 92562 209,524 SF
$3,799,000 USD
949-510-8489
40480 Carrigan Rd, Murrieta, CA for Sale
$3,799,000 USD
Residential LAND - FOR SALE
1/11
209,524 SF

40480 Carrigan Rd
Murrieta, CA 92562


OVERVIEW

GREAT DEVELOPEMENT AND INVESTMENT OPPORTUNITY. A prime location surrounded by ongoing multi-family, medical offices, shopping centers and walking distance to the new. Subject is MIXED USE and has Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway I-15 and 215 in Temecula Valley. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. The sales include two parcels with APN# 949-180-011 for $2,000,000 & 949-180-012 for $1,799,000. Each parcel can be purchased separately or together. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,500. "VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned mixed use/office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, church, private school & variety of other commercial uses. Please see the attached supplements for more detail. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.

FOR SALE DETAILS

PRICE

$3,799,000 USD

PRICE/ACRE

$789,811/AC

PRICE/SF

$18 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Commercial Acreage - Lot D

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Residential

LAND PROPOSED USE

Commercial, Apartment Units, Apartment Units - Subsdzd

LAND ACRES

4.81 AC

LAND SF

209,524 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Telephone, Irrigation

ZONING

MIX Used

APN/PARCEL ID

949-180-011,949-180-012

ASK ABOUT THIS PROPERTY

Ed FarnaghiColdwell Banker RealtyMore Info
949-510-8489

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Ed FarnaghiColdwell Banker RealtyMore Info
949-510-8489

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.