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28769 Lake St - 4.5 Acre Commercial Development Opportunity

4.5 Acres of Commercial Land Offered at £2,895,065 in Lake Elsinore, CA 92530

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Investment Highlights

Commercial Development with Hard Corner Opportunity
Adjacent Site to South has a Planned Development of 32,000 SF Retail with Gas Station
Slated Right of Ways for 4 lane Roadway

Wide Variety of Commercial and Retail Uses
High Traffic Counts
Neighborhood Retail

Executive Summary

The site is part of a 10 Acre Commercially zoned property in close proximity to high density residential development. The property is located on the North East corner at Lake Street and Running Deer Road. The property is located on the North East corner at Lake Street and Running Deer Road. There is a planned commercial development in the process of final entitlement on approximately 6 acres to the South of this property at the northwest corner of Mountain Street and Lake Street. The commercial project consists of an approximately 32,000 retail center including a fuel station, in-line retail buildings, a quick serve restaurant and a drive-thru restaurant. The available 4.5 Acre commercial site is zoned C2 which allows for the uses identified in C0, C1 and the C2 General Commercial District in Lake Elsinore.

Lake Elsinore Commercial Development v1

Property Facts

Price	£2,895,065	Property Subtype	Commercial
Sale Type	Investment or Owner User	Proposed Use	Commercial Carwash Drugstore Fast Food Hold For Development Storefront Storefront, Retail or Office
No. Lots	1	Total Lot Size	4.50 AC
Property Type	Land

Price	£2,895,065
Sale Type	Investment or Owner User
No. Lots	1
Property Type	Land
Property Subtype	Commercial
Proposed Use	Commercial Carwash Drugstore Fast Food Hold For Development Storefront Storefront, Retail or Office
Total Lot Size	4.50 AC

1 Lot Available

Lot

Price	£2,895,065	Lot Size	4.50 AC
Price Per AC	£643,348

Price	£2,895,065
Price Per AC	£643,348
Lot Size	4.50 AC

A Commercial site consisting of approximately 4.5 Acres zoned C2 in the Lake Elsinore market within 2.5 miles of Interstate 15 Freeway.

Description

Lake Street Commercial Development A Commercial site consisting of approximately 4.5 Acres zoned C2 in the Lake Elsinore market within 2.5 miles of Interstate 15 Freeway. The site is part of a 10 Acre Commercially zoned property in close proximity to high density residential development. The property is located on the North East corner at Lake Street and Running Deer Road. There is a planned commercial development in the process of final entitlement on approximately 6 acres to the South of this property at the northwest corner of Mountain Street and Lake Street. The commercial project consists of an approximately 32,000 retail center including a fuel station, in-line retail buildings, a quick serve restaurant and a drive-thru restaurant. The available 4.5 Acre commercial site is zoned C2 which allows for the uses identified in C0, C1 and the C2 General Commercial District in Lake Elsinore.

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