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Listed by ERIC WASHLE • COLDWELL BANKER COMMERCIAL SC
$3,250,000
Est. payment /mo
12 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV-26234294
Lot Size 12.000 Acres
Source California Regional Multiple Listing Service (CRMLS)
Property Description
The subject property consists of approximately 12 acres located along Riverside Drive / Highway 74 in Lake Elsinore, California. The site offers substantial roadway frontage and excellent visibility along Riverside Drive, which carries approximately 27,039 vehicles per day. An additional 18.13 acres immediately adjacent to the property are also available for purchase, providing buyers with the opportunity to acquire up to approximately 30.13
acres.
The property is situated near the shoreline of Lake Elsinore and is surrounded by a mix of residential and commercial uses. Nearby businesses include the newly constructed Ringside Bar & Grill, a multi-tenant commercial building, and a car wash. The surrounding area is experiencing significant residential and commercial growth, including several large-scale planned and under-construction developments throughout the Lake Elsinore area.
The property offers an opportunity for commercial or mixed-use development along a well traveled corridor. Utilities are believed to be available within Riverside Drive, subject to buyer verification.
acres.
The property is situated near the shoreline of Lake Elsinore and is surrounded by a mix of residential and commercial uses. Nearby businesses include the newly constructed Ringside Bar & Grill, a multi-tenant commercial building, and a car wash. The surrounding area is experiencing significant residential and commercial growth, including several large-scale planned and under-construction developments throughout the Lake Elsinore area.
The property offers an opportunity for commercial or mixed-use development along a well traveled corridor. Utilities are believed to be available within Riverside Drive, subject to buyer verification.
Location
State CA
County Riverside
Area Srcar-Southwest Riverside County
Zoning CMU/R
Exterior
Community Features Lake
View Y/N No
View None
Building
Lot Description 11-15 Units/Acre
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Nearby Locations
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John R Thompson
Broker/Owner License ID: 01200900
Broker/Owner License ID: 01200900