- $3.8M Price
- 4.76 Acres
- 575 DOM
40480 Carrigan Road
GREAT DEVELOPEMENT AND INVESTMENT OPPORTUNITY. A prime location surrounded by ongoing multi-family, medical offices, shopping centers and walking distance to the new. Subject is MIXED USE and has Temecula Valley city lights and panoramic valley view in the heart of Golden Triangle between Freeway I-15 and 215 in Temecula Valley. Also located centrally between Orange, Los Angeles, and San Diego County. Excellent development opportunity for high density residential and mixed-use commercial. The sales include two parcels with APN# 949-180-011 for $2,000,000 & 949-180-012 for $1,798,000. Each parcel can be purchased separately or together. There is one home on each parcel and both homes are tenant occupied with a total monthly rental of $3,500. "VALUE IS IN LAND" properties being sold "AS IS". The properties are currently zoned mixed use/office with "TRANSIT ORIENTED HIGH DENSITY RESIDENTIAL OVERLAY ". The future potential development includes "HIGH DENCITY / MULTIFAMILY RESIDENTIAL MINIMUM OF 30 UNITS PER ACERES ", office, church, private school & variety of other commercial uses. Please see the attached supplements for more detail. Buyer and buyer broker/agent to do their due diligence verifying all information including zoning.
Essential Information
- MLS® #OC25035343
- Price$3,798,000
- Bathrooms0.00
- Acres4.76
- Year Built1979
- TypeCommercial Sale
- Sub-TypeMixed Use
- StatusActive Under Contract
Community Information
- Address40480 Carrigan Road
- CityMurrieta
- CountyRiverside
- Zip Code92562
Area
SRCAR - Southwest Riverside County
Amenities
- Parking Spaces14
Utilities
See Remarks, Cable Connected, Electricity Connected, Phone Connected, Propane
Interior
- HeatingCentral
- # of Stories1
Exterior
- ExteriorDrywall, Metal Siding
- RoofClay, Composition
- ConstructionDrywall, Metal Siding
Lot Description
Corner Lot, Gentle Sloping, Irregular Lot, Lot Over 40000 Sqft, Rolling Slope, Sloped Down, ThirtyOneToThirtyFiveUnitsAcre, TwoToFiveUnitsAcre, Value In Land
Additional Information
- Date ListedFebruary 24th, 2025
- Days on Market575
- ZoningMixed Use,offic commercia
Listing Details
- AgentEd Farnaghi
- OfficeColdwell Banker Realty
Price Change History for 40480 Carrigan Road, Murrieta, (MLS® #OC25035343)
| Date | Details | Change |
|---|---|---|
| Status Changed from Active to Active Under Contract | – | |
| Price Reduced from $3,799,000 to $3,798,000 |
Ed Farnaghi, Coldwell Banker Realty.
Based on information from California Regional Multiple Listing Service, Inc. as of September 22nd, 2026 at 9:57am 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.