Description

PROPERTY OVERVIEW: The property consists of five parcels that make up approximately 104.5 acres of raw land in Murrieta, CA. Three of the five parcels (APNs: 900-020-021,023,026) are adjoined starting at the intersection of Clinton Keith Rd and Menifee Rd, extending about a half-of a-mile to the south. This portion of the property makes up nearly 59 acres while the other two parcels to the east (APNs: 900-020-014,015) make up the remaining +/- 45 acres of the property. In terms of the propertys location, it sits about 1.2 miles from the I-215 interchange at Clinton Keith Road where there is large retail presence, approximately 2 miles from Highway 79 access, and has multiple schools in a 2-mile radius. Per the Eastern Municipal Water District, the nearest water and sewer access to the site is at the corner of Whitewood Rd and Clinton Keith Road to the west of the property. PROPERTY FACTS: The five parcels that make up the property are all zoned Rural Residential with a general plan designation for Large Lot Residential (LLR). The Rural Residential zoning is intended for singlefamily residential use with a density range of 0.1-0.4 dwelling units per acre, or rather minimum lot sizes of 2.5 acres. LOCATION: Murrieta - Riverside County, CA TOTAL SITE AREA: 104.50 Acres APN: 900-020-014, 015, 021, 023, 026 PURCHASE PRICE: $2,900,000 PRICE PER SF: $0.64 ZONING: Rural Residential GENERAL PLAN: Large Lot Residential ZONING: The five parcels that make up the property are all zoned Rural Residential with a general plan designation for Large Lot Residential (LLR). The Rural Re