Property Detail

Guava

Murrieta CA 92562

$1,150,000

Status: Active

Property Details

Description

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

Map Location

Listing provided courtesy of Steve Welty of Steve Welty & Associates Inc. Last updated 2024-01-26 10:17:42.000000. Listing information © 2021 SANDICOR.

john Doe

Angelica Wallace

Real Estate Professional
CA DRE# 01393526
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