38550 King

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38550 King

Murrieta, CA 92562
Asking Price
$465K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The land parcel encompasses a total of 5.21 acres.
  • This property is currently listed for sale at 465000 dollars.
  • The site is positioned within the growing Murrieta submarket.
  • It offers substantial acreage for diverse development or investment projects.
  • The location is well-connected to key regional transportation infrastructure.

What's Special

Development potential defines this 5.21-acre land parcel situated at 38550 King in Murrieta, California. The site presents a significant footprint for investors or developers seeking to capitalize on the sustained growth within the Inland Empire region. Murrieta continues to serve as a vital residential and commercial corridor, benefitting from its connectivity to major regional transportation arteries and its proximity to the broader Southern California economic hub. Given the acreage available, the site is well-suited for various project types ranging from residential development to strategic land banking, depending on local municipal planning and zoning guidelines. The property benefits from the area's ongoing population expansion and the steady demand for land assets within Riverside County. Its location provides accessibility for those operating within the growing professional and industrial sectors of the region, making it a viable candidate for a range of long-term development strategies.

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NOI
$80,000
Cap Rate
17.20%
DSCR
2.90
Strong
Cash-on-Cash
37.56%
Monthly Payment
$2,300.566
Annual Cash Flow
$52,393.205

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