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$ 500,000
Est. payment /mo
New
0 Baker Street Lake Elsinore, CA 92530
6.81 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26180209
Lot Size 6.810 Acres
Property Sub-Type Lots/Land
Property Description
The subject property consists of approximately 6.81 acres of industrial zoned land in Lake Elsinore, California, positioned within an area experiencing substantial new development and investment. The site is located near the I-15 corridor and immediately south of several planned industrial projects, placing it directly in the path of the areas continued industrial expansion. A key component of the investment opportunity is the anticipated advancement of off-site infrastructure associated with nearby industrial and master-planned development. As these surrounding projects progress, infrastructure improvements are expected to extend closer to the subject property, potentially reducing the scope and cost of off-site improvements that would otherwise be required to develop the site independently. This dynamic could materially improve the propertys future development feasibility and economics. Further strengthening the opportunity, the property already carries industrial zoning and has recently benefited from a FEMA floodplain redesignation that places nearly the entire site outside of the designated floodplain. Together, the existing industrial entitlement framework, improving infrastructure environment and substantially reduced floodplain exposure position the property as a compelling investment or development opportunity within Lake Elsinores expanding market.
Location
State CA
County Riverside
Direction Contact Agent
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 378114119
Acceptable Financing Land Contract
Listing Terms Land Contract
Listed by ERIC WASHLE, DRE#02076218 COLDWELL BANKER COMMERCIAL SC