Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
AL APUZZO760.448.2442
[email protected] Lic # 01323215
MATT WEAVER760.448.2458
[email protected] Lic # 01367183
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITYFRENCH VALLEY, CA
Susan La Vorgna Elementary School
SUBJECTPROPERTY
Brookfield Park
Abelia Sports Park
Win
ches
ter R
d
Jean Nicholas RdBaxter Rd
Leon
Rd
Pourroy Rd
Monaco Ct
Ellio
t Rd
• Located on Winchester Rd. & Pourroy Rd. - Winchester, CA• Approximately 8.11 Acres• Density 2-5 DUs/Acre• 7,200 SF Average Lot Size • Near Clinton Keith Road Extension (Under Construction)
ASKING PRICE: $1,950,000
2Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
AL APUZZO760.448.2442
[email protected] Lic # 01323215
MATT WEAVER760.448.2458
[email protected] Lic # 01367183
FRENCH VALLEY, CA
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY
PAGE CONTENT
3 AERIALS
5 LOCATION MAP
6 PROPERTY INFO
7 PLAT MAP
8 NEW HOME COMMUNITY INFO
SUBJECTPROPERTY
Winchester R
d
No warranty or representation is made to the accuracy of the foregoing information. Terms of sale, lease and availability are subject to change or withdrawal without notice.
3Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
AL APUZZO760.448.2442
[email protected] Lic # 01323215
MATT WEAVER760.448.2458
[email protected] Lic # 01367183
FRENCH VALLEY, CA
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITYA
ERIA
LS
SUBJECTPROPERTY
Win
ches
ter R
d
Whisper Heights
Ellio
t Rd
Pourroy Rd
Brookfield Park
Abelia Sports Park
Monaco Ct
4Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
AL APUZZO760.448.2442
[email protected] Lic # 01323215
MATT WEAVER760.448.2458
[email protected] Lic # 01367183
FRENCH VALLEY, CA
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITYA
ERIA
LS
SUBJECTPROPERTY
Win
ches
ter R
d
Abelia St
Washington St
Leon
Rd
Baxter RdBriggs Rd Pourroy Rd
TemeculaPreparatory School
Susan La Vorgna Elementary School
Dorothy Mcelhinney Middle School
Lisa J. Mails Elementary School
Emerald ParkSpencer’s Crossing
Park
CLINTON KEITH RD EXTENSION (UNDER CONSTRUCTION)
Brookfield Park
Abelia Sports Park
5Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
AL APUZZO760.448.2442
[email protected] Lic # 01323215
MATT WEAVER760.448.2458
[email protected] Lic # 01367183
FRENCH VALLEY, CA
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY LO
CAT
ION
MA
P LAKE MATTHEWS
HEMET
LAKE PERRIS
Mt. San JacintoState Park
SantiagoPeak
SAN JACINTO
MENIFEE
MURRIETALAKE ELSINORESUBJECT
PROPERTY
N
SUBJECT PROPERTY
Pourroy Rd
Thompson Rd
Benton Rd
Winc
heste
r Rd
Leon
Rd
Washington St
6Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
AL APUZZO760.448.2442
[email protected] Lic # 01323215
MATT WEAVER760.448.2458
[email protected] Lic # 01367183
FRENCH VALLEY, CA
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITYPR
OPE
RTY
INFO Location:
Jurisdiction: CountyofRiverside
APN#: 480-040-045
Acreage: 8.11Acres
Topography: Flat
GeneralPlan: RRMDR(MediumDensityResidential)
Zoning: RR(1/2Acrelots)-Propertyneedstoberezonedtobein conformancewithGeneralPlan.
MaxDensity: 2-5DwellingUnitsPerAcre
AverageLotSize: 7,200SF
SchoolDistrict: MenifeeUnionSchoolDist.(Elementary&PerrisUnion HighSchoolDist. Services: Water/Sewer: EasternMunicipalWaterDistrict Electricity: SouthernCaliforniaEdison Gas: SouthernCaliforniaGasCompany Fire: RiversideCountyFireDept. Police SouthwestSheriff’sStation
Asking Price: $1,950,000
Thesubjectproperty is locatedatthesoutheastcornerofWinchesterRoadandPourroyRoad,Winchester,California.Withinagrowingyeturbanenvironment,thispropertyisawelllocatedresidentialprojectforbuildersanddevelopersoralandbankopportunityforinvestors.
7Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
AL APUZZO760.448.2442
[email protected] Lic # 01323215
MATT WEAVER760.448.2458
[email protected] Lic # 01367183
FRENCH VALLEY, CA
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY
7
PLAT
MA
P
FRENCH VALLEY, CA
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY
8Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
AL APUZZO760.448.2442
[email protected] Lic # 01323215
MATT WEAVER760.448.2458
[email protected] Lic # 01367183
NEW HOME SALES COMPARABLES
NEW
HO
ME
CO
MM
UNIT
Y IN
FO
Project Builder Open Product Typical Lot Min Unit Max Unit Min Max Total Units Total Units Total Sales Sale Rate ZipName Name City Date Type Lot Size Dimension Size Size Price Price Planned Sold Remaining Rate L3M Code
Juniper at Spencer's Crossing Brookfield Residential Murrieta 6/11/2016 Detached 7,540 65 x 116 3,212 4,091 $460,000 $509,000 114 51 63 2.6 3.3 92563Bellevue at The Promontory Cornerstone Communities Murrieta 8/5/2017 Detached 5,000 - 2,603 3,629 $491,990 $544,990 94 4 90 0.8 1.0 92563Emerson D.R. Horton Murrieta 10/7/2017 Detached 7,200 72 x 100 2,782 3,124 $449,835 $473,560 60 7 53 2.3 2.0 92563Hunters Pointe at Alderwood Express Homes Murrieta 10/7/2017 Detached 6,600 110x60 2,052 2,718 $406,490 $424,490 66 12 54 3.6 3.3 92563Acacia at Mahogany Hills KB Home Murrieta 3/15/2014 Detached 7,200 72' x 100' 2,343 2,894 $429,990 $465,990 196 191 5 4.1 1.3 92563Tamarack Pardee Homes Murrieta 10/28/2017 Detached 7,000 - 2,811 3,684 $460,000 $494,500 82 15 67 10.5 - 92563Meadowlark Pulte Homes Murrieta 10/1/2014 Detached 10,000 - 3,253 4,403 $521,990 $559,990 113 108 5 2.7 1.3 92563Sycamore Richmond American Homes Murrieta 6/19/2016 Detached 7,500 60x125 2,805 3,464 $441,990 $471,990 55 49 6 2.7 0.7 92563Preserve (The) RSI Communities Murrieta 1/13/2018 Detached - - 1,941 3,401 $408,900 $487,900 207 - 207 - - 92563Laurel Woodside Homes Murrieta 7/30/2016 Detached 7,200 65' x 91' 2,410 3,199 $410,290 $465,490 92 54 38 3.3 3.3 92563Legacy Collection (The) Beazer Homes Winchester 1/21/2017 Detached 8,000 75x100 1,691 2,796 $391,990 $441,990 45 37 8 3.1 3.0 92596Horizon at Morningstar Ranch CalAtlantic Homes Winchester 7/1/2014 Detached 8,000 - 2,909 3,369 $474,065 $493,615 179 124 55 2.9 2.0 92596Sunrise at Morningstar Ranch/Phase II CalAtlantic Homes Winchester 3/11/2017 Detached 8,750 70' x 125' 2,560 2,998 $439,325 $453,225 95 45 50 4.5 3.0 92596Alure KB Home Winchester 12/17/2017 Detached 9,000 - 2,329 2,913 $429,990 $443,990 51 2 49 - - 92596Avena Pardee Homes Winchester 12/23/2017 Detached - - 2,585 3,070 $440,000 $465,000 84 1 83 - - 92596Sycamore North Richmond American Homes Winchester 9/23/2017 Detached 7,500 75 x 100 2,490 3,305 $438,990 $474,990 46 5 41 1.7 1.3 92596
MATT WEAVER760.448.2458
[email protected] Lic#01367183
AL APUZZO760.448.2442
[email protected] Lic#01323215
For More Information, Please Contact:
9Lee & Associates-North San Diego County | 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com
FRENCH VALLEY, CA
8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY