Overview
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 1950’s 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, Café, 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.
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Features & Amenities
Interior
- Bathrooms Total Integer0
Exterior
- Lot Dimensions SourceAssessor
- Lot FeaturesLot Over 40000 Sqft,Rectangular Lot,Street Level,Value In Land,Level
- Lot Size Acres1
- Lot Size Area1
- Lot Size Dimensions150 by 300
- Lot Size SourceAssessor
- Lot Size Square Feet47,916
- Lot Size UnitsAcres
- Parking Total0
- Road Frontage TypeCity Street
- TopographyLevel
- ViewHills,Mountain(s),Neighborhood
- ViewYes
Financial
- Association Fee0
- Parcel Number906780032
- ZoningZoned NC (Neighborhood C
Mortgage Calculator
- Principal & interest
- Property tax
- Home insurance
- PMI
- HOA dues
Estimates only and not a loan offer. Taxes, insurance and rates vary — confirm with a lender.
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Listing information provided by CRMLS (California Regional Multiple Listing Service). MLS# NDP2606602.
Information is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 CRMLS.
Advertised by Good Estates & Ranches, Elizabeth Good, Broker/Owner, CA DRE #01833600.
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