42045 3Rd StTemecula, CA 92590

  • Land
  • 0.27 AC
For Sale
$1,280,000 View listing

Property Details for 42045 3Rd St

Lot size
0.27 AC
Zone code
C1CP
Property type
Land
Property subtype
Commercial land
APN
922-045-016
APU
922045016

Description

This exceptional 0.27-acre (±11,761 square feet) vacant land parcel presents a remarkable investment opportunity in the heart of Old Town Temecula, California. Situated at 42045 3rd Street, this property enjoys a highly desirable location, just west of the intersection with Old Town Front Street. Its strategic position offers unparalleled visibility and accessibility. The lot is conveniently adjacent to the Old Town Pub and directly across the street from two established commercial centers: The Warehouse at Creekside and Front Street Plaza. This prime location benefits from high foot traffic and proximity to numerous businesses, restaurants, and attractions, making it an attractive site for various commercial ventures. The property's zoning and development potential should be independently verified by prospective buyers to ensure alignment with their specific project plans. The asking price for this exceptional land parcel is $1,280,000. This represents a unique chance to acquire a piece of Temecula's vibrant Old Town, offering significant potential for future growth and return on investment. The property is located in Riverside County, California, with the zip code 92590. Detailed site plans and surveys are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,699,853
    Hospitality
    $3,389,046
    Educational
    $2,819,646
    Medical
    $2,916,618
    Retail
    $4,386,116
42045 3Rd St, Temecula, California

Location Insight

City
Temecula
County
Riverside
State
California
Latitude
33.4925
Longitude
-117.149
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$13,010
$936,431
-
$936,431
-
-
-
-

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