41885 Lemon Street,Murrieta, CA 92562
Murrieta, CA 92562
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.
Details
| MLS # | NDP2606602 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 51 |
| Listing Provided By | Compass | Mark McDonald |
Features
| Zoning | Zoned NC (Neighborhood C |
|---|---|
| Acreage | 1.10 |
| Property View | Yes |
Exterior
| Lot Features | Lot Over40000Sqft, Rectangular Lot, Street Level, Value In Land, Level |
|---|---|
| Topography | Level |
Utilities
| Utilities | Electricity Connected |
|---|
Location
| Community Features | Street Lights |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Murrieta |
| Zip Code | 92562 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92562) | |
Price: $1,300,000 low | high Med: $1,075,000 On site: 51 low | high Med: 450 | |
Market Activity 92562
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Murrieta |
| Zip Code | 92562 |
| Area | SRCAR Southwest Riverside County |
| Listing VS Median (in 92562) | |
Price: $1,300,000 low | high Med: $1,075,000 On site: 51 low | high Med: 450 | |
 | $4,000,00024264 Washington AvenueMurrieta, CA 92562 |
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