$1,099,000
Est. $6,154/mo0 Ivy Street, Murrieta, CA 92562
About this home
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.
infoProperty Facts
Lot Size
49,659 sqft
HOA Fee
N/A
MLS #
OC26049568
chairInterior Details
garageParking
deckExterior & Lot
Building & Construction
Fencing
Chain Link
Lot & Grounds
Lot Features
Lot Over40000 Sqft, Rectangular Lot, Street Level
Water Source
Public
diversity_3Community & HOA
Association Info
Community Features
Storm Drains, Sidewalks
Mortgage Calculator
$0
Nearby Schools
| Rating | School Name |
|---|---|
9 | GreatSchools High (Demo) public School • ratio 22:1 |
7 | Valley View Elementary (Demo) public School • ratio 18:1 |
6 | Lincoln Middle School (Demo) public School • ratio 20:1 |
NR | St. Mary Example Academy (Demo) private School • ratio 12:1 |
Walkability
Market Insights
Estimated Value
Market Temperature
Balanced market
Avg. time on market
This is a Balanced Market. Homes are selling at a moderate pace.
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