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Off Market
1/11

40480 Carrigan Rd
Murrieta, CA 92562


HIGHLIGHTS

  • e "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". "HIGH DENCITY / Multifamily, minimum 25 units / acers.
  • Close proximity to highway 15
  • 16 minute drive to the French Valley Airport

OVERVIEW

Excellent development opportunity for high density residential and mixed-use commercial. The sales include two adjacent parcels with APN# 949-180-011 for $1,850,000 & 949-180-012 for $1,650,000. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,100. "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", office, church, private school & variety of other uses. Please see the attached detailed list of potential use by the City of Murrieta. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.

FOR SALE DETAILS

PRICE

-

# 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

-

LAND SF

-

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Telephone, Irrigation

ZONING

-

APN/PARCEL ID

949-180-011,949-180-012