Prime Investment Opportunity with Flexible Options
CA 74 Lake Elsinore
Lake Elsinore, CA 92532
Highlights
- Strategic Signalized Corner – Ensuring excellent accessibility & exposure
- High-Traffic Location – Positioned along a major commuter corridor
- Growth-Oriented Market – Located within a rapidly expanding submarket of SW Riverside County
- Flexible Development Options – Purchase both parcels or select one based on your needs
- C-2 Zoning – Suitable for various retail, service, and hospitality uses
- Zoned for:
- Gas Station
- Car Wash
- C-Store
- QSR
Description
A rare opportunity to acquire a high-profile commercial development site in the heart of Lake Elsinore’s rapidly expanding commercial corridor. This 4.42-acre parcel, consisting of two separate APNs, offers unmatched development flexibility—allowing an investor to build on one parcel and sell the other, or hold for future appreciation.
Located at a signalized intersection on Highway 74, this site boasts exceptional visibility, easy access, and high traffic counts. With C-2 zoning, the property is well-positioned for a variety of commercial uses, including:
✔ Gas Station
✔ Convenience Store (C-Store)
✔ Quick-Service Restaurant (QSR)
✔ Car Wash
✔ Self-Storage
✔ Contractor Storage Yard
Property Highlights
Strategic Signalized Corner – Ensuring excellent accessibility & exposure
High-Traffic Location – Positioned along a major commuter corridor
Growth-Oriented Market – Located within a rapidly expanding submarket of SW Riverside County
Flexible Development Options – Purchase both parcels or select one based on your needs
C-2 Zoning – Suitable for various retail, service, and hospitality uses
Pricing & Parcel Breakdown
The property consists of two separate parcels, offering buyers multiple investment strategies:
Option 1: Purchase Both Parcels
Total Size: 4.42 Acres (Both Parcels)
Price: $2,250,000
Option 2: Purchase Individual Parcels
Parcel 1: 2.04 Acres (Corner lot at the signalized intersection)
Price: $1,250,000
Parcel 2: 2.38 Acres (Adjacent parcel offering future development potential)
Price: $1,100,000
C-2 Zoning uses: Auto Dealership, Car Wash, Commercial, Contractor Storage Yard, Convenience Store, Day Care Center, Drug Store, Fast Food, General Freestanding, Health Care, Hospital, Hospitality, Hotel, Medical, Mixed Use, Motel, Office, Office Park, Religious Facility, Restaurant, Retail, Schools, Self-Storage, Service Station, Storefront, Storefront Retail/Office, Strip Center, Supermarket
Lake Elsinore, CA is one of the fastest-growing cities in Riverside County, benefiting from its pro-business environment, increasing population, and expanding infrastructure. The property sits in a prime position within the Inland Empire market, serving both local and regional consumer bases.
Key Location Benefits:
✔ Easy access to major highways and freeways
✔ Close to residential communities, ensuring a strong customer base
✔ Growing economic hub with increasing commercial and retail activity
Terrific high traffic location, signalized intersection on State Highway 74 in Lake Elsinore.
