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Murrieta, CA

$2,490,000

24585 Adams Avenue, Murrieta, CA
220
Days listed

About this home

Exceptional Development Opportunity in the heart of Murrieta! This high-exposure, retail-zoned commercial property is located at the busy intersection of Kalmia & Adams, offering unmatched visibility and convenient access to the I-15 freeway. Surrounded by the new Murrieta Town Center, major shopping centers, schools, Murrieta City Hall, and historic Old Town Murrieta, it sits in the path of rapid growth in one of Southern California’s fastest-expanding cities. The property consists of four parcels totaling 3.3 acres in a mixed-use district zoning area: 41785 Kalmia St (APN: 906-070-079) — built in 1973, 2,356 sq. ft., 1.07 acres / 46,609 sq. ft., 3 beds, 3 baths; 24579 Adams Ave (APN: 906-070-013) — built in 1983, 1,472 sq. ft., 1.41 acres / 61,420 sq. ft., 3 beds, 2.5 baths; 41775 Kalmia St (APN: 906-070-078) — 0.40 acres / 17,424 sq. ft.; and 24585 Adams Ave (APN: 906-070-077) — 0.42 acres / 18,295 sq. ft. Zoning allows for an extensive range of uses, including restaurants (with or without drive-thru), hotels, retail shops, service stations, daycare centers, banks, medical facilities, skilled nursing, assisted living, offices, fitness centers, alternative fuel stations, pharmaceutical and medical manufacturing, IT, studios, and conference facilities, offering limitless development potential. Whether for a bustling commercial hub or a vibrant mixed-use project, this is a rare investment opportunity in a prime, high-growth location. Buyer to verify all information; information is deemed reliable but not guaranteed.

Facts & features

Exterior & lot
Lot size
3.3 acres (143,748 sq ft)
View
City Lights, Courtyard, Mountains, Neighborhood, Valley, Trees Woods
Community
Area
SRCAR - Southwest Riverside County
County
Riverside
Community features
Curbs, Mountainous, Street Lights, Suburban, Urban, Valley
Listing details
Status
Active
Property type
Land
Days on market
220
Listed
2025-08-04
Original price
$2,900,000
Terms
Cash, Cash To New Loan, Conventional, Exchange 1031, Fannie Mae, Freddie Mac
Parcel #
906070077
MLS #
OC25176230
Listed by
Pardis Shooli · Compass

Location

Price history

Listed
$2,900,000 · 2025-08-04
Price reduced
$2,490,000 (−$410,000)
Days on market
220
Current price
$2,490,000
Financing

Could this home be yours?

Estimated monthly payment
$15,620
$12,591 principal & interest · $3,030 taxes & insurance
$498,000
Estimate only
Loan $1,992,000

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Listing data provided by CRMLS

Listing courtesy of Compass. © 2026. The multiple listing data appearing on this website is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing. All data, including but not limited to 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed. Last updated July 26, 2026 Equal Housing Opportunity.

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