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Big Canyon Dr

2.5 - 10 Acre Commercial Land Lots Offered at £1,706,027 - £2,814,945 Per Lot in Lake Elsinore, CA 92530

Investment Highlights

  • 2.5 net usable acre retail pad and 10 net usable acre retail pad; May be sold separately
  • Adjacent master plans with 15,000+ homes and over 3 Million SF of commercial space
  • Freeway visibility with on/off ramp
  • Permitted uses include retail, restaurants, personal services, office, hotel/motel, light manufacturing, gas station, and more

Executive Summary

The subject property is currently unentitled and offers the opportunity for developers to bring a commercial element to the growing Alberhill Ranch Specific Plan Area. There are several planned residential developments within the specific plan that will bring close to 2,000 new homes and likely over 2,000 new residents within the next few years. With the residential projects currently going through approvals, the timing for commercial development to get approvals will match up perfectly allowing the right developer to quickly flip the site as a NNN investment or build-to-suit for the preferred tenant(s).

Attachments

Walker Canyon - Brochure

Property Facts

Price £1,706,027 - £4,520,973 Property Subtype Commercial
Sale Type Investment Proposed Use
Commercial
  • Planned Unit Development
  • Single Family Development
No. Lots 2 Total Lot Size 12.50 AC
Property Type Land
Price £1,706,027 - £4,520,973
Sale Type Investment
No. Lots 2
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Planned Unit Development
  • Single Family Development
Total Lot Size 12.50 AC

2 Lots Available

Lot Pad

Price £1,706,027 Lot Size 2.50 AC
Price Per AC £682,411
Price £1,706,027
Price Per AC £682,411
Lot Size 2.50 AC

May be Sold Separately 2.5 Acre Pad ($2,178,000) & 10 Net Acres ($3,593,700). Permitted Uses Include Retail, Restaurants, Personal Services, Office, Hotel/Motel, Light Manufacturing, Gas Station and More.

Lot 10

Price £2,814,945 Lot Size 10.00 AC
Price Per AC £281,495
Price £2,814,945
Price Per AC £281,495
Lot Size 10.00 AC

May be Sold Separately 2.5 Acre Pad ($2,178,000) & 10 Net Acres ($3,593,700). Permitted Uses Include Retail, Restaurants, Personal Services, Office, Hotel/Motel, Light Manufacturing, Gas Station and More.

Description

The subject property is located on the NWC of Lake Street and Big Canyon Drive in Lake Elsinore, CA. It is conveniently located off of the Lake Street Interchange on I-15.

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PROPERTY TAXES

Parcel Number 390-120-010 Improvements Assessment £0
Land Assessment £690,574 Total Assessment £690,574

PROPERTY TAXES

Parcel Number
390-120-010
Land Assessment
£690,574
Improvements Assessment
£0
Total Assessment
£690,574

zoning

Zoning Code C-SP (Commercial/Specific Plan)
C-SP (Commercial/Specific Plan)
(760) 929-9700

Contacts

  • Listing ID: 24812653

  • Date on Market: 11/01/2022

  • Last Updated:

  • Address: Big Canyon Dr, Lake Elsinore, CA 92530

The Land Property at Big Canyon Dr, Lake Elsinore, CA 92530 is currently available for sale. Contact Lee & Associates for more information.

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