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I-15 & Clinton Keith rd - Westpark Promenade

14.12 Acres of Commercial Land Offered at £7,101,000 in Wildomar, CA 92595

Investment Highlights

  • 14.12 gross acres available (Division Possible)
  • Residential builder to install backbone road and access improvements
  • Property to be delivered in superpad condition with utilities stubbed to the site (Estimated Completion October 2025)
  • 191 townhomes incoming on adjacent site

Executive Summary

The Westpark Promenade Project is a mixed-use project consisting of a +/- 27.6 acre site fronting the I-15 north of Clinton Keith Road. The eastern portion of the property is approved for 191 for sale townhomes which has already been sold to an end-builder. This offering consists of the remaining +/- 14.12 gross acres on the west side that is designated and zoned for commercial/retail development. The site will begin grading next year in which the residential builder will deliver the site in superpad condition with all utilities stubbed and the backbone road installed (estimated completion October 2025. The property is available as a bulk sale with the option for division depending on the buyer’s desired use. Please refer to our Offering Memorandum for more drone photos, the tentative parcel map, preliminary grading plan, and a conceptual retail plan. More due diligence items can be provided upon request.

Property Facts

Price £7,101,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
Total Lot Size 14.12 AC

1 Lot Available

Lot

Price £7,101,000
Price Per AC £502,904
Lot Size 14.12 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 376-410-025
  • 376-410-023
  • 376-410-013
Land Assessment
£6,148,519
Improvements Assessment
£0
Total Assessment
£6,148,519

zoning

Zoning Code C-P-S (The site is zoned C-P-S (Scenic Highway Commercial) with its General Plan land use being CR (Commercial Retail).)
C-P-S (The site is zoned C-P-S (Scenic Highway Commercial) with its General Plan land use being CR (Commercial Retail).)
  • Listing ID: 33975815

  • Date on Market: 22/11/2024

  • Last Updated:

  • Address: I-15 & Clinton Keith rd, Wildomar, CA 92595

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