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12.37 AC Lakeshore Drive 12.37 Acres of Commercial Land Offered at $2,200,000 in Lake Elsinore, CA 92530
INVESTMENT HIGHLIGHTS
- Two separate parcels known as Parcel A & Parcel B: 12.37 acres in size
- Existing utility lines running along the south end of the property with both sewer and water existing in Lakeshore Dr
- Approximately 650 feet of frontage along Lakeshore Dr
PROPERTY FACTS
1 LOT AVAILABLE
Lot
| Price | $2,200,000 | Lot Size | 12.37 AC |
| Price Per AC | $177,849.64 |
| Price | $2,200,000 |
| Price Per AC | $177,849.64 |
| Lot Size | 12.37 AC |
Parcel A of the subject property is located within a specific plan and contains a Conservation Agreement. Parcel B is zoned General Commercial District (C2) which allows for a wide range of commercial uses including Hotels, Auto Dealerships, etc.
DESCRIPTION
The subject property is approximately 12.37 acres in size and consists of two separate parcels known as Parcel A & Parcel B. There is currently a conservation agreement in place which renders the majority of Parcel A as undevelopable although there is still potential for mitigation value on Parcel A. Parcel B has approximately 650 feet of frontage along Lakeshore Dr which is broken up by a small EVMWD Pump Station. The property is relatively flat in topography and slopes toward the creek on the west end of the property which flows into the Lake Elsinore Channel. There are existing utility lines running along the south end of the property with both sewer and water existing in Lakeshore Dr. The property is located on Lakeshore Dr with traffic counts of 14,221 Cars Per Day. The site is also located just 0.4 miles from I-15 at Diamond Dr with prominent visibility from both I-15 northbound and southbound traffic, just 0.6 miles from Diamond Stadium, and within walking distance to multiple restaurants and retail shops. The property is located on Lakeshore Dr with traffic counts of 14,221 Cars Per Day. The site is also located just 0.4 miles from I-15 at Diamond Dr with prominent visibility from both I-15 northbound and southbound traffic, just 0.6 miles from Diamond Stadium, and within walking distance to multiple restaurants and retail shops.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,980,823 | Total Assessment | $2,980,823 |
PROPERTY TAXES
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12.37 AC Lakeshore Drive
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