Active
40480 Carrigan Road
Murrieta CA, 92562
$3,799,000
$1,231.44 per sqft
Active
3,085 sqft
Commercial
Built in 1979
Listed by Ed Farnaghi with Coldwell Banker Realty 949-510-8489
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.
OC25035343
MLSⓇ ID
February 24, 2025
Listed
March 8, 2025
Updated
Interior Features
Total Stories
1
Laundry Description
Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
4.76 Acres
Lot Features
2-5 Units/Acre, 31-35 Units/Acre, Corner Lot, Sloped Down, Gentle Sloping, Irregular Lot, Lot Over 40000 Sqft, Value In Land, Rolling Slope
Roof
Clay, Composition
Other Property Details
Area Name
SRCAR - Southwest Riverside County
Days on Market
11
Garage
No
Parking Total
14
View
No
County
Riverside
Water Source
Private, Well
Pool
No
Utilities
Cable Connected, Electricity Connected, Propane, Phone Connected, See Remarks
Zoning
Mixed Use,offic commercia
Listing Contact: 949-837-5700
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/8/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/8/2025 at 11:08 AM UTC