Guava Street, Murrieta

$1,150,000

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0 Bed
0 Bath
3½ Acres
0 Garage

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 to verify all utilities, zoning specifics, and potential uses, ensuring they have the essential information to transform this expansive canvas into an innovation epicenter. Seize the opportunity to shape the future in Murrieta! ****No soils reports, surveys, etc., have been done. Buyer and buyer's agent to verify all information with the city or county for allowable uses and requirements and rely on their own investigations. **Buyer responsible for checking zoning, utilities, permits and exact property boundaries. ****

Essential Information

MLS® #
SW24011683
Price
$1,150,000
Bathrooms
0.00
Acres
3.50
Type
Land
Status
Active

Community Information

Address
Guava Street
City
Murrieta
County
Riverside
Zip Code
92562
Senior Community
N

Area

SRCAR - Southwest Riverside County

Community Features

Street Lights, Sidewalks, Urban

Amenities

Utilities
None

View

Neighborhood, Panoramic, Trees/Woods

Exterior

Lot Description
Rectangular Lot

Additional Information

Date Listed
January 18th, 2024
Days on Market
112
Zoning
INN

Listing Details

Agent
Steve Welty
Office
Steve Welty & Associates Inc

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Based on information from California Regional Multiple Listing Service, Inc. as of May 9th, 2024 at 6:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.