Lake Elsinore, CA 92530
$5,000,000

Mark Quesada
Broker / Owner
DRE #02101365
We're pleased to present the opportunity to purchase +/- 30.88 gross acres of land located at the Lake Street & I-15 interchange in the City of Lake Elsinore. The site is a part of the larger Alberhill Specific Plan which encompasses thousands of residential units and millions of square feet of commercial & industrial space, primarily along Lake Street. The entirety of the site initially consisted of 270 acres, of which roughly 240 acres has already been sold to the RCA, leaving approximately 30 gross acres for development. Of the +/- 30 acres, we’ve estimated approximately 6.6 acres is usable based on the conceptual pad exhibit on the following page in which avoids blasting and balances from a grading standpoint. The grade also maxes out at 5% to accommodate trucks based on the various proposed uses. The +/- 6.6 net acres is split up between a larger 4.7-acre pad and smaller 1.9-acre pad. Ownership is open to selling all together or separate. Please reach out with any questions or interest in this opportunity.
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$36,901/mo
Estimate only. Not a loan offer, pre-approval, or commitment to lend. Taxes, insurance, and HOA are estimates that may differ from actual figures. Contact a licensed lender for a personalized quote.
Pick a day and time — Mark will confirm your private tour.
Listed by MICHAEL PIZZAGONI, COLDWELL BANKER COMMERCIAL SC
Co-listed by ERIC WASHLE, COLDWELL BANKER COMMERCIAL SC
MLS# IV25245407 · Active
History reflects records reported to the MLS and may be incomplete.