41850 Ivy Murrieta, CA 92562

$999,000
$999,000
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Prime infill development opportunity in Murrieta consisting of three contiguous parcels totaling approximately ±49,659 square feet, with roughly 115 feet of street frontage. The property features a flat, rectangular lot configuration, providing efficient site planning and strong usability for future development. Currently improved with two small residential homes generating income, the site provides holding cash flow while a developer plans future improvements. The property is zoned Commercial Office, allowing for a variety of professional and medical office uses. Strategically positioned at the edge of a rapidly expanding residential corridor, the site sits directly adjacent to a new subdivision with over 100 homes currently under construction, with additional residential developments approved or underway nearby. With commercial zoning, strong frontage, and highly usable topography, the property presents a compelling opportunity for professional or medical office development, including potential multistory construction, to serve the growing surrounding population.

Prime infill development opportunity in Murrieta consisting of three contiguous parcels totaling approximately ±49,659 square feet, with roughly 115 feet of street frontage. The property features a flat, rectangular lot configuration, providing efficient site planning and strong usability for future development. Currently improved with two small residential homes generating income, the site provides holding cash flow while a developer plans future improvements. The property is zoned Commercial Office, allowing for a variety of professional and medical office uses. Strategically positioned at the edge of a rapidly expanding residential corridor, the site sits directly adjacent to a new subdivision with over 100 homes currently under construction, with additional residential developments approved or underway nearby. With commercial zoning, strong frontage, and highly usable topography, the property presents a compelling opportunity for professional or medical office development, including potential multistory construction, to serve the growing surrounding population.

  • Neighborhood
  • Type
  • County
    Riverside
  • Area
    SRCAR - Southwest Riverside County
  • Status
    Active
  • Listing #
    OC26049512
  • Built
    1952
  • Listed on site
    89 days

Listed by:
Esen Real Estate Services

Source:
CRMLS

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Property details

Style

  • Ranch / One Story
  • One Story

Property History

DateDays AgoEventNew Price
May 15, 202619 days agoPrice decreased100,000 (9%)$999,000
Mar 6, 20263 mos agoNew on market$1,099,000
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