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Jessica Panzica

jessica@jessicapanzica.com +1(714) 313-8193

$2,999,999

Est. payment - /mo

3.1 Acres Lot

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UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW23134618

HOA Y/N No

Year Built 1986

Lot Size 3.100 Acres

Lot Dimensions Assessor

Property Sub-Type Mixed Use

Property Description

INCOME-PRODUCING COMMERCIAL PROPERTY | 3.10 ACRES | PRIME I-15 FREEWAY EXPOSURE Rare opportunity to acquire a flat, usable 3.10 acre parcel directly adjacent to the northbound I-15 freeway in Murrieta, offering outstanding visibility, convenient access, and multiple existing income streams. The property currently generates approximately $12,500 per month in gross income, including a 4-bedroom, 3-bath home leased at $3,500/month, an on-site advertising billboard generating approximately $6,000/month, and leased vacant land generating an additional $3,000/month. The existing home was previously utilized as an office, providing additional flexibility for a future owner. The expansive, usable parcel offers potential for contractor yard use, equipment or work vehicle storage, future development, or other commercial applications, subject to City approval. Strategically located in Southern California with quick access to the I-15 freeway and convenient connectivity to Riverside, San Diego, Orange, and Los Angeles Counties. Ideal for investors, developers, or owner-users seeking immediate cash flow, freeway exposure, and long-term development potential in a growing Southern California market.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning O/ORP

Interior

Heating Central

Cooling Central Air

Inclusions Billboard Sign and SFR

Fireplace No

Laundry In Garage

Exterior

Fence Chain Link

Utilities Available Cable Available, Electricity Connected, Propane

Roof Type Spanish Tile,Tile

Total Parking Spaces 75

Building

Lot Description 2-5 Units/Acre, Desert Back, Desert Front, Street Level, Value In Land

Story 1

Water Well

Others

Tax ID 949210020

Security Features Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, VA Loan

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, VA Loan

Special Listing Condition Standard

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Listed by Amerie McGee Realty One Group Pacific 9512397381, DRE #02086128

Nearby School & Business

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Jessica Panzica

+1(714) 313-8193

Agent License ID: 01854556

25189 Monroe AVE Murrieta, CA 92562

Jessica Panzica

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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