Not a Chance in Hell
Here is an email flyer I got yesterday. These guys are trying to sell 30 acres of raw land for commercial development in Murrieta in a “C” location (on its best day). Who is buying 30 acres for commercial development in Murrieta right now? I don’t know anyone with that strategy in their business plan. Maybe I’m missing something but I think most people would tell you that you would have to PAY THEM to take this site off your hands. I love the “Must Sell” – ah, no kidding you’ve got to sell, the site is killing you. At least its priced “Way Below Market.” Enjoy.
when i got that email i was expecting to see a $1 PSF list price. the $5+ price made me laugh and click delete. whats even more funny is ive been to that intersection and scouted the area a couple years ago. that particular area is crap dirt and wont see growth for some time. even the shopping center closest to it has vacancy issues. all the growth on the westside of the 15 has been second rate in that part of murrieta. definitely not the "nice" commuter area of murrieta; more like hesperia to eastern murrietas rancho cucamonga, if you will.