Ivy Street, Murrieta CA 92562 | $1,099,000

Prime infill development opportunity in Murrieta consisting of three contiguous parcels totaling approximately 49,659 square feet, with roughly 115 feet of street frontage. The property features a flat, rectangular lot configuration, providing efficient site planning and strong usability for future development. Currently improved with two small residential homes generating income, the site provides holding cash flow while a developer plans future improvements. The property is zoned Commercial Office, allowing for a variety of professional and medical office uses. Strategically positioned at the edge of a rapidly expanding residential corridor, the site sits directly adjacent to a new subdivision with over 100 homes currently under construction, with additional residential developments approved or underway nearby. With commercial zoning, strong frontage, and highly usable topography, the property presents a compelling opportunity for professional or medical office development, including potential multistory construction, to serve the growing surrounding population.