$1,150,000

Guava Street, Murrieta 92562

152,460

Lot Size

Listing Agent
Steve Welty - Steve Welty & Associates Inc

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. ****

Facts & Features

MLS® # SW24011683
Price $1,150,000
Bathrooms 0.00
Lot Size 152,460
Type Land
Status Active

Community Information

Address Guava Street
Area SRCAR - Southwest Riverside County
City Murrieta
County Riverside
Zip Code 92562

Amenities

Utilities None
View Neighborhood, Panoramic, Trees/Woods
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No

Exterior

Lot Description Rectangular Lot

Additional Information

Date Listed January 18th, 2024
Days on Market 123
Zoning INN
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentSteve Welty
OfficeSteve Welty & Associates Inc

Listing Map

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