8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY...8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY...

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


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




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.


AL APUZZO760.448.2442




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


AL APUZZO760.448.2442




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


AL APUZZO760.448.2442




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


AL APUZZO760.448.2442




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.


AL APUZZO760.448.2442




FRENCH VALLEY, CA


7

PLAT

MA

P

FRENCH VALLEY, CA



AL APUZZO760.448.2442




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


[email protected] Lic#01367183

AL APUZZO760.448.2442

[email protected] Lic#01323215

For More Information, Please Contact:


FRENCH VALLEY, CA


8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY...8.11 ACRE RESIDENTIAL DEVELOPMENT OPPORTUNITY...

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