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Listed by MICHAEL PIZZAGONI • COLDWELL BANKER COMMERCIAL SC
$ 5,000,000
Est. payment | /mo
30 Sqft Lot
$ 5,000,000
Est. payment | /mo
30 Sqft Lot
Key Details
Property Type Vacant Land
Sub Type Other Residential Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRIV25245407
Lot Size 30 Sqft
Property Sub-Type Other Residential Land
Source California Regional MLS
Property Description
We're pleased to present the opportunity to purchase +/- 30.88 gross acres of land located at the Lake Street & I-15 interchange in the City of Lake Elsinore. The site is a part of the larger Alberhill Specific Plan which encompasses thousands of residential units and millions of square feet of commercial & industrial space, primarily along Lake Street. The entirety of the site initially consisted of 270 acres, of which roughly 240 acres has already been sold to the RCA, leaving approximately 30 gross acres for development. Of the +/- 30 acres, we've estimated approximately 6.6 acres is usable based on the conceptual pad exhibit on the following page in which avoids blasting and balances from a grading standpoint. The grade also maxes out at 5% to accommodate trucks based on the various proposed uses. The +/- 6.6 net acres is split up between a larger 4.7-acre pad and smaller 1.9-acre pad. Ownership is open to selling all together or separate. Please reach out with any questions or interest in this opportunity.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning LV
Exterior
View None
Building
Water District - Public
Others
Tax ID 390120017
Special Listing Condition Not Applicable
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