Clinton Keith Road & 15 Freeway, Wildomar, CA, 92595

Clinton Keith Road & 15 Freeway Wildomar, CA 92595

Clinton Keith Road & 15 Freeway, Wildomar, CA, 92595
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FOR SALE
Property Type:
Commercial Land Development
Amount:
$34,000,000
Last Verified:
Sep 27, 2024

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Highlights

  • Very High Density Residential within the core area
  • High Density Residential within the core and core support areas Entertainment
  • Commercial Tourist
  • Commercial Retail
  • Commercial Office
  • Hospitality
  • Public Facilities
  • Open Space-Recreation

Description

NAI Capital Commercial, Inc., on behalf of Lion’s Lair Enterprises, Inc., has been selected to exclusively offer this 164-acre Freeway Frontage mixed-Use Development Opportunity in Wildomar, California. This offering consists of 20 contiguous land parcels known as the Clinton Keith Commercial Center (“the CKC property”).

Fronting Interstate 15 with 2,945 feet of unobstructed exposure, this unique property is seen by 131,000 motorists per day. The City of Wildomar has designated this exceptional development site with a “Community Center” overlay allowing for commercial retail, entertainment, office, hospitality and medium/high density residential uses, with the emphasis on freeway commercial. This designation will remain in place when the City updates its General Plan in 2015, thus providing the future owner with more flexibility.

The Clinton Keith Commercial Center is property located in the City of Wildomar; approximately 65 miles southeast of Los Angeles within southwestern Riverside County in the Inland Empire regional of Southern California. It is bordered by Lake Elsinore and Corona to the north and Murrieta and Temecula to the south.

Lot Size: 164.0 acres


Documents

1CKCC Wildomar OM.pdf

Map of Clinton Keith Road & 15 Freeway, Wildomar, CA, 92595

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.