• Guava Street Murrieta, CA 92562

  • $1,150,000
  • 0
    Sq Ft
  • 152460
    Sqft
  • Listed By: Steve Welty, Steve Welty & Associates Inc, DRE #00387455
  • Source: CRMLS

Unleash Innovation on Guava Street, Murrieta, CA 92562 – 3.5 Acres of Untapped Potential Await! This extraordinary listing encompasses four vacant lots with APNs 910-020-068, 069, 070, and 071, totaling 3.5 acres at the coordinates Lat 33.54938 and Lon -117.18594, in the heart of Murrieta. Embraced by an innovation zoning, this completely undeveloped land is tailor-made for pioneering endeavors. Designated for business and medical offices, corporate headquarters, research and development facilities, educational institutions, technological advancement spaces, maker labs, and even limited residential uses such as college campuses and hospitals, the possibilities are vast. Unlock the potential for a cutting-edge business venture or create a hub for technological advancement. The seller has informed us that the Western Municipal Water district has covered the necessary water fees through federal funding, making our property eligible for water service. The developer is responsible for connecting the property to the water service. Additionally, the City of Murrieta will undertake essential infrastructure improvements, including extending Madison Ave, installing storm drains, street lighting, and other utilities, with an expected completion date by mid-2026. Easements are already in place on the property to accommodate curbs, streets, gutters, and other necessary improvements, reducing the buildable site to approximately 3 acres from a total of 3.5 acres. The seller is actively working on securing offsite improvements that will enhance the property's value. Buyers are also advised to verify all utilities, zoning specifics, and potential uses, ensuring they have the essential information to transform this expansive canvas into an innovation epicenter. Seize the opportunity to shape the future in Murrieta! ****No soils reports, surveys, etc., have been done. Buyer and buyer's agent to verify all information with the city or county for allowable uses and requirements and rely on their own investigations. **Buyer responsible for checking zoning, utilities, permits and exact property boundaries. ****

Property Type :

Land

County :

Riverside

Style :

Land

Sell a home like this and save $68,501 Find Out How

Property Details

 

Water/Sewer

Water Source : See Remarks

Sewer : Unknown

Fencing

None

Lot Details

Lot Dimensions Source: Assessor

Lot Size Acres: 3.5

Lot Size Source: Assessor

Lot Size Square Feet: 152460

Listing Price Information

Original List Price: 1,150,000

Listing Contract Date: 2024-01-18

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 910020068

Garage and Parking

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active

Source Neighborhood: SRCAR - Southwest Riverside County

Directions: Located at the coordinates Lat 33.54938 and Lon -117.18594

Zoning: INN

Source Property Type: Land

Area: SRCAR - Southwest Riverside County

Building and Construction

Year Built Source: Vendor Enhanced

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Calle Eduardo, Murrieta, CA,92562 $345,000 -- -- -- 219542 Sqft
2 Monroe, Murrieta, CA,92562 $1,800,000 -- -- -- 224334 Sqft
Monroe, Murrieta, CA,92562 $348,880 -- -- -- 42689 Sqft
26100 Monroe, Murrieta, CA,92562 $549,880 -- -- -- 54014 Sqft
1 Monroe Avenue, Murrieta, CA,92562 $698,880 -- -- -- 70132 Sqft
Jefferson Avenue, Murrieta, CA,92562 $2,250,000 -- -- -- 226512 Sqft
41565 Avenida Conchita, Murrieta, CA,92562 $2,977,700 5 1 6,001 220849 Sqft
35380 Avenida La Cresta, Murrieta, CA,92562 $599,000 -- -- -- 274864 Sqft
36852 Calle De Lobo Road, Murrieta, CA,92562 $8,975,000 7 8 15,977 888188.4 Sqft
Lions Lair, Murrieta, CA,92562 $299,000 -- -- -- 224334 Sqft

Copyright © 2024 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

ByOwner last updated this listing 05/04/2024 @ 03:31

MLS: SW24011683
LISTED BY: Steve Welty, Steve Welty & Associates Inc
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

Selling? Save $68,501 when you sell a home like this

Learn More about this Property
Message allows only 500 character

Don't Pay 6% Commistion