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.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/8/2025 at 11:08 AM UTC

 

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