MURRIETA HOT SPRINGS is an unique opportunity to purchase ±18.05 acres for commercial development. The site is well-positioned on a heavily traveled corridor surrounded by a residential community and presents a tremendous opportunity to capture the immediate and future demand for medical, professional office and retail development in the area. The importance of Date Street is that it will be a part of the new French Valley Parkway, taking traffic from Murrieta Hot Springs Road to a new interchange at Interstate 15. The configuration of this property with the new road is such that a 5.63 acre parcel will be created that can be sold independantly of the 18.05 remaining acres.
Rancon’s Proven Development Process has Paved the Way
Our Investment Opportunities Team offers a range of investment vehicles. Since 1971, Rancon has formed over 350 Partnerships and Limited Liability Companies (LLCs) and has raised more than $900,000,000.
We’ve developed teams of highly skilled professionals who are dedicated to developing mutually beneficial relationships with land owners, investors, financial institutions and the brokerage community.
Dan Stephenson is a businessman who defines the entrepreneurial spirit. A tireless business advocate and generous humanitarian, Stephenson has defined the acquisition, development, master-planning, and sales of residential, office and commercial properties in Southern California’s Inland Empire.
Residential, Commercial and Industrial Properties Averaging a Substantial Rate of Return for Their Investors.
Today, the Rancon Group Controls Thousands of Acres of Residential and Commercial Properties Worth an Estimated $280,000,000.
For many decades the name Rancon has been synonymous with real estate sales and development in Southwest Riverside County
In fact, the history of Rancon parallels that of development in this most dynamic area of Southern California.
In 1971, Dan Stephenson founded Rancho Consultants, a general brokerage firm specializing in properties located in “Rancho California.
Southwest Riverside County has historically been one of the nation’s hottest real estate markets. Located between the San Diego and Los Angeles metropolitan areas, and contiguous with Orange County to its west, Southwest Riverside County is experiencing unprecedented growth in part because of build-out and price barriers in the other three metropolitan areas, and in part because it is just a great place to live.
This area covers approximately 600 square miles and includes the cities of Temecula, Murrieta, Menifee and Wildomar and the unincorporated areas of Winchester and French Valley. Temecula and Murrieta — known as the “Twin Cities of Southern California,” — both have populations exceeding 100,000 and are both approaching build-out of developable land. Menifee and Wildomar are strategically located along the area’s two growth corridors: the I-15 and the I-215. Both are growing young cities anxious to expand their tax base and populations.
Winchester Valley is located just east of Menifee along the Domenigoni Parkway, a six-lane major thoroughfare completed, with the help of the Rancon Group, in 2006.
In the heyday of the last building boom more than a dozen major builders took positions in the Winchester Valley and shared a themed vision known as Winchester Ranch. Today, many of the approved plans for subdivisions are still in place as are the plans for the underlying infrastructure. Some major infrastructure components including sewer are still in the finance/planning stage. While the recession stalled development in this key area, the new wave of demand for new housing will definitely find its way back to the Winchester Valley.
Acquired 29 large land assets from RTC and Master planed several residential communities
Rancon Group controls thousands of acres of residential and commercial properties
formed partnerships as limited liability companies, joint ventures and limited partnerships