$2,999,999
FOR SALEActive25189 Monroe Avenue
Murrieta CA 92562
2,046
SF
Mixed Use
Type
1986
Built
$1,466/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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 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.
Property Information
Property Overview
Commercial - MixedUse
Property Type
Active
Status
O/ORP
Zoning
3.1 acres
Lot Size
1
Total Units
2,046 SF
Square Footage
$1466.28/SF
Price per SF
3.60%
Cap Rate
$108K
NOI
1,986
Year Built
1
Stories
75
Parking Total
36.66
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
3.6% Cap Rate
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
3.60%
Cap Rate
$108,000
NOI
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Closed commercial sales reported, newest first.