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Listed by Pardis Shooli • Compass
$2,490,000
Est. payment /mo
3.3 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC-25176230
Lot Size 3.300 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Exceptional Development Opportunity in the heart of Murrieta! This high-exposure, retail-zoned commercial property is located at the busy intersection of Kalmia & Adams, offering unmatched visibility and convenient access to the I-15 freeway. Surrounded by the new Murrieta Town Center, major shopping centers, schools, Murrieta City Hall, and historic Old Town Murrieta, it sits in the path of rapid growth in one of Southern California's fastest-expanding cities. The property consists of four parcels totaling 3.3 acres in a mixed-use district zoning area: 41785 Kalmia St (APN: 906-070-079) — built in 1973, 2,356 sq. ft., 1.07 acres / 46,609 sq. ft., 3 beds, 3 baths; 24579 Adams Ave (APN: 906-070-013) — built in 1983, 1,472 sq. ft., 1.41 acres / 61,420 sq. ft., 3 beds, 2.5 baths; 41775 Kalmia St (APN: 906-070-078) — 0.40 acres / 17,424 sq. ft.; and 24585 Adams Ave (APN: 906-070-077) — 0.42 acres / 18,295 sq. ft. Zoning allows for an extensive range of uses, including restaurants (with or without drive-thru), hotels, retail shops, service stations, daycare centers, banks, medical facilities, skilled nursing, assisted living, offices, fitness centers, alternative fuel stations, pharmaceutical and medical manufacturing, IT, studios, and conference facilities, offering limitless development potential. Whether for a bustling commercial hub or a vibrant mixed-use project, this is a rare investment opportunity in a prime, high-growth location. Buyer to verify all information; information is deemed reliable but not guaranteed.
Location
State CA
County Riverside
Area Srcar-Southwest Riverside County
Interior
Inclusions Two singles family income properties
Exterior
Community Features Curbs, Mountainous, Street Lights, Suburban, Urban, Valley
View Y/N Yes
View Mountain(s), Trees/Woods, Valley, City Lights, Courtyard
Building
Lot Description Level
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900