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Jackson Ave

32.13 Acres of Commercial Land Offered at $13,500,000 in Murrieta, CA 92563

Investment Highlights

  • Prime Location adjacent to the I-15 and I-215 interchange
  • Existing Curb & Gutter Improvements on Jackson Avenue

Property Facts

Price $13,500,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Mixed Use
  • Hold For Development
  • Hold For Investment
  • Single Family Development
Total Lot Size 32.13 AC
Cross Streets I-215

1 Lot Available

Lot

Price $13,500,000
Price Per AC $420,168
Lot Size 32.13 AC

Description

We are pleased to present the opportunity to purchase one of the best remaining vacant land properties for development or investment in Murrieta and Southwest Riverside County as a whole. The property consists of approximately 32 acres with +/- 1,350 feet of frontage on Jackson Avenue, located just east of the I-15 and I-215 interchange and just north of the Temecula city limits. The site has public water and sewer available in Jackson Avenue as well as in Whitewood Rd on its eastern border. Additionally, there are existing curb and gutter improvements along the property’s frontage on Jackson Avenue. The property, although one legal parcel, has both residential and commercial zoning (see OM for more details). We have received positive feedback from the city regarding the potential of adding a mixed-use component to the commercially zoned portion which would allow for more residential. Please reach out to our team with any questions or interest you may have.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
910-100-026
Land Assessment
$2,816,680
Improvements Assessment
$0
Total Assessment
$2,816,680

zoning

Zoning Code SF-2 & CC (The frontal +/- 18 acres is zoned Community Commercial, while the eastern +/- 14 acres is zoned Single-Family Residential 2 (5.1 - 10.0 DU/AC).)
SF-2 & CC (The frontal +/- 18 acres is zoned Community Commercial, while the eastern +/- 14 acres is zoned Single-Family Residential 2 (5.1 - 10.0 DU/AC).)
  • Listing ID: 31050670

  • Date on Market: 2/26/2024

  • Last Updated:

  • Address: Jackson Ave, Murrieta, CA 92563

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