Prime commercial development opportunity on 5.34 level acres in one of Southern CA’s fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare, nearly encircled by newer single and read more multi-family housing communities and in proximity to schools, freeways and recently approved developments including the site for a 7-Eleven with 8 gas pumps planned for corner of Washington/Lemon. Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. This property is well positioned and competitively offered at $15 per sf. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property.
This listing provided courtesy of California Regional Multiple Listing Service ("CRMLS"). The information contained in this listings had not been verified by us or the MLS and should be verified by the buyer.
Last Updated: May 5th, 2021. Source: CRMLS