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$ 500,000
Est. payment /mo
New
0 Baker Street Lake Elsinore, CA 92530
6.81 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV26180209
HOA Y/N No
Lot Size 6.810 Acres
Property Description
The subject property consists of approximately 6.81 acres of industrial zoned land in Lake Elsinore, California, positioned within an area experiencing substantial new development and investment. The site is located near the I-15 corridor and immediately south of several planned industrial projects, placing it directly in the path of the area's continued industrial expansion.
A key component of the investment opportunity is the anticipated advancement of off-site infrastructure associated with nearby industrial and master-planned development. As these surrounding projects progress, infrastructure improvements are expected to extend closer to the subject property, potentially reducing the scope and cost of off-site improvements that would otherwise be required to develop the site independently. This dynamic could materially improve the property's future development feasibility and economics.
Further strengthening the opportunity, the property already carries industrial zoning and has recently benefited from a FEMA floodplain redesignation that places nearly the entire site outside of the designated floodplain. Together, the existing industrial entitlement framework, improving infrastructure environment and substantially reduced floodplain exposure position the property as a compelling investment or development opportunity within Lake Elsinore's expanding market.
A key component of the investment opportunity is the anticipated advancement of off-site infrastructure associated with nearby industrial and master-planned development. As these surrounding projects progress, infrastructure improvements are expected to extend closer to the subject property, potentially reducing the scope and cost of off-site improvements that would otherwise be required to develop the site independently. This dynamic could materially improve the property's future development feasibility and economics.
Further strengthening the opportunity, the property already carries industrial zoning and has recently benefited from a FEMA floodplain redesignation that places nearly the entire site outside of the designated floodplain. Together, the existing industrial entitlement framework, improving infrastructure environment and substantially reduced floodplain exposure position the property as a compelling investment or development opportunity within Lake Elsinore's expanding market.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning M1
Interior
Fireplace No
Exterior
Community Features Foothills
Utilities Available Water Not Available
View Y/N Yes
View Hills
Building
Lot Description 6-10 Units/Acre
Water None
New Construction No
Others
Senior Community No
Tax ID 378114119
Acceptable Financing Contract
Listing Terms Contract
Special Listing Condition Standard
Listed by ERIC WASHLE COLDWELL BANKER COMMERCIAL SC 714-323-3862, DRE #02076218