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$ 5,000,000
Est. payment | /mo
30.88 Acres Lot
$ 5,000,000
Est. payment | /mo
30.88 Acres Lot
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25245407
HOA Y/N No
Lot Size 30.880 Acres
Property Description
The CBC Land Team is 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 to our team with any questions or interest in this opportunity.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning Alberhill SP
Interior
Fireplace No
Exterior
Community Features Suburban
View Y/N No
View None
Building
Lot Description Value In Land
Water Public
New Construction No
Others
Senior Community No
Tax ID 390120017
Acceptable Financing Cash
Listing Terms Cash
Special Listing Condition Standard
Listed by MICHAEL PIZZAGONI COLDWELL BANKER COMMERCIAL SC mpizzagoni@cbcsocalgroup.com