The development site located at 24975 Adams Avenue in Murrieta has been successfully sold in a recent transaction. The property spans 90,605 square feet and was acquired for $1,100,000, equating to a price per square foot of $12.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $1,100,000
• Buyer: Jose and Josefina Alfaro
• Seller: Guy and Josephine Amburgey
• Brokers: Brandon Robinson & Geramie Bascomb - Calvary Realty Inc.

Brandon Robinson and Geramie Bascomb from Calvary Realty Inc. represented the involved parties in this transaction, showcasing their expertise in the real estate market. Calvary Realty's strategic approach led to multiple cash offers on the property, sparking a competitive bidding war that ultimately drove the final sale price above the initial asking price.