Active

0 Guava Street

Murrieta CA, 92562

$1,150,000


$7.54 per sqft

Active

3.5 Acres

Land

Listed by Steve Welty with Steve Welty & Associates Inc 760-773-5538

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. ****

SW24011683

MLS ID

January 18, 2024

Listed

March 28, 2024

Updated

Map

0 Guava Street
Murrieta CA, 92562

Exterior/Building Features

Lot Size

3.5 Acres


Lot Features

Rectangular Lot


Sewer

Unknown

Other Property Details

Area Name

SRCAR - Southwest Riverside County


Days on Market

7


Garage

No


View

Yes


View Description

Neighborhood, Panoramic, Trees/Woods


County

Riverside


Water Source

See Remarks


Pool

No


Zoning

INN


Buyer Agency Compensation

2%

Listing Contact: 760-773-5538 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/28/2024. 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.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/28/2024 at 1:55 PM UTC

 

Powered byLuxury Presence