24585 Adams Avenue
Murrieta, CA, 92562 $ 2,900,000
Baths0.0 Monthly Estimate*
$ 18,092
Studio for $2,900,000. The lot size is 3.3.
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.
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FeaturesGeneralSewer Public Sewer
HOA Fee 0
View City Lights Courtyard Mountain(s) Neighborhood Valley Trees/Woods
Community Features Curbs Mountainous Street Lights Suburban Urban Valley
Additional Parcels Description 906-070-079 906-070-013 906- 070-078
County Riverside
New Construction 0
Property Type Land
HOA 0
Special Listing Conditions Standard
Status Active
Directions West on Kalmia right on Adams property is on the corner (Kalmia & Adams).
City Murrieta
Senior Community Y/N 0
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Acres
Lot Size Square Feet 143748
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange Fannie Mae Freddie Mac
Land Lease Y/N 0
Current Financing None
Additional Parcels Y/N 0
Standard Status Active
Tax Lot 1
Expected Active Date 2025-08-13
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ExteriorLot Features Level
Water Source Public
Inclusions Two singles family income properties
Lot Size Area 3.3
Lot Size Acres 3.3
Road Surface Type Paved Unimproved
Lot Size Source Assessor
Road Frontage Type Country Road City Street Highway Private Road
Road Responsibility Private Maintained Road
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* Excluded FeaturesList Bypardis.shooli@compass.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $18,092
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyLots and land listings in Murrieta, CA
Average List Price $992,839
Percent of Sale Price 66%
About Murrieta, CA 115,811 Population
128% Since 2002
$ 76,942 Median Income
35.02 Median Age
41% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 11/28/2025 | $2,900,000 | | Listed Price |