16
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$1,300,000
Est. payment /mo
1.1 Acres Lot
New
41885 Lemon Street Murrieta, CA 92562
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2606602
Lot Size 1.100 Acres
Lot Dimensions 150 by 300
Property Sub-Type Lots/Land
Property Description
Tremendous Investment/Development opportunity for this perfectly situated lot just one block from Old Town Murrieta. This parcel is now zoned for neighborhood commercial development (NC) and is primed for many possibilities. It is located in an area of Murrieta where new multifamily and commercial developments are planned. The lot isa level 1.1 acre lot with 150 feet of street frontage on Lemon Street. It currently has an existing house that was originally built in the 1950s and recently remodeled, and an additional storage building that is attached via a breezeway. All utilities are connected to the property. The planned multi-family developments in the surrounding neighborhood, makes it ideal for creating a local market, Caf, or other creative, multi-use businesses catering to the growing local community of Murrieta. The corner lot just two parcels away on Washington Avenue with similar lot size, and features frontage on two sides, was sold on March of 2025 for $2,060,000. It is slated for imminent future neighborhood commercial development. There might even be a possibility to double the lot size and street frontage with the potential acquisition of the adjacent lot. Please contact me as the adjacent lot is not currently offered for sale.
Location
State CA
County Riverside
Direction I-15 to Kalmia Street, right on Washington Street, right on Lemon Street
Interior
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Others
Senior Community No
Tax ID 906780032
Acceptable Financing Cash
Listing Terms Cash
Listed by Mark McDonald, DRE#01154045 Compass
NEARBY SCHOOL & BUSINESS
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