Property listed by Realty One Group Pacific, Amerie McGee, 760-496-0760.
$2,999,999
INCOME-PRODUCING COMMERCIAL PROPERTY | 3.10 ACRES | PRIME I-15 FREEWAY EXPOSURE Rare opportunity to acquire a flat, usable 3.10 acre parcel directly adjacent to the northbound I-15 freeway in Murrieta, offering outstanding visibility, convenient access, and multiple existing income streams. The property currently generates approximately $12,500 per month in gross… Read More income, including a 4-bedroom, 3-bath home leased at $3,500/month, an on-site advertising billboard generating approximately $6,000/month, and leased vacant land generating an additional $3,000/month. The existing home was previously utilized as an office, providing additional flexibility for a future owner. The expansive, usable parcel offers potential for contractor yard use, equipment or work vehicle storage, future development, or other commercial applications, subject to City approval. Strategically located in Southern California with quick access to the I-15 freeway and convenient connectivity to Riverside, San Diego, Orange, and Los Angeles Counties. Ideal for investors, developers, or owner-users seeking immediate cash flow, freeway exposure, and long-term development potential in a growing Southern California market. Read Less
Listing Snapshot
Days Online
1187
Last Updated
Property Type
MixedUse
Square Ft.
2,046
Lot Size
3.1 Acres
Year Built
1986
MLS Number
SW23134618
Additional Details
Building
Built in 1986, 1 building, 1 storey, Entry level: 1, Construction Materials: Drywall, Stucco
Cooling
CentralAir
Expenses
Operating: $6,300
Fence
ChainLink
Heating
Central
Income
Gross ScheduledIncome: $114,000, Net Operating Income: $108,000
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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