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Listed by Amerie McGee • Realty One Group Pacific
$2,999,999
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW-23134618
Year Built 1986
Property Sub-Type Mixed Use
Source California Regional Multiple Listing Service (CRMLS)
Property Description
INCOME-PRODUCING COMMERCIAL PROPERTY | 3.10 ACRES | PRIME I-15 FREEWAY EXPOSURE Rare opportunity to acquire a flat, usable 3.10 acre parcel directly adjacent to the northbound I-15 freeway in Murrieta, offering outstanding visibility, convenient access, and multiple existing income streams. The property currently generates approximately $12,500 per month in gross income, including a 4-bedroom, 3-bath home leased at $3,500/month, an on-site advertising billboard generating approximately $6,000/month, and leased vacant land generating an additional $3,000/month. The existing home was previously utilized as an office, providing additional flexibility for a future owner. The expansive, usable parcel offers potential for contractor yard use, equipment or work vehicle storage, future development, or other commercial applications, subject to City approval. Strategically located in Southern California with quick access to the I-15 freeway and convenient connectivity to Riverside, San Diego, Orange, and Los Angeles Counties. Ideal for investors, developers, or owner-users seeking immediate cash flow, freeway exposure, and long-term development potential in a growing Southern California market.
Location
State CA
County Riverside
Area Srcar-Southwest Riverside County
Zoning O/ORP
Interior
Heating Central
Inclusions Billboard Sign and SFR
Laundry In Garage
Exterior
Utilities Available Propane, Cable Available, Electricity Connected
Building
Lot Description Value In Land, Level with Street, Desert Back, Desert Front, 2-5 Units/Acre
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900



