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31249 Clinton Keith Rd - 3.28 AC - Entitled Retail Development 3.28 Acres of Commercial Land Offered at $2,700,000 in Wildomar, CA 92595

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INVESTMENT HIGHLIGHTS

  • Prime Retail Opportunity: Proposed ±26,204 square-foot multi-pad retail project located at a high-traffic intersection in Wildomar, CA
  • Environmental Due Diligence Completed: MND adopted, ensuring thorough environmental review and mitigation
  • Comprehensive Approvals: Entitlements in place, though additional city work may be required.
  • Flexible Zoning: Zoned C-l/C-P, supporting various commercial uses to maximize development potential. Buyer may propose alternative developments.
  • Subdivision Advantage: 3.28-acre site proposed to be divided into five parcels, including one open space lot for flexible development options
  • Investment Potential: Positioned in a rapidly growing area with strong market demand and demographic growth

EXECUTIVE SUMMARY

PROPOSED DEVELOPMENT PROJECT DATA
Proposed Retail Size: 26,204 square feet
Building Size, Parking, Lot Size:
• Major: 10,000 sq ft, 46 parking spaces (4.6/1,000), Parcel Size: 44,360 sq ft
• Pad 1: 7,004 sq ft, 32 parking spaces (4.5/1,000), Parcel Size: 27,946 sq ft
• Pad 2 (Drive-Thru): 2,600 sq ft, 27 parking spaces (10.4/1,000), Parcel Size: 25,382 sq ft
• Pad 3: 6,600 sq ft, 40 parking spaces (6.1/1,000), Parcel Size: 32,221 sq ft
Open Space Lot: Parcel Size: 13,383 sq ft
• Total Parking Provided: 145 spaces (5.5/1,000)
• Accessible Parking Stalls: Required: 5, Provided: 8 (2 Van, 6 Standard)
• Bicycle Parking: Required: 8 spaces, Provided: 8 spaces
• Electric Vehicle Parking: Required: 11 stalls, Provided: 11 stalls
• Electric Vehicle Charging Stations (EVCS): Required: 3 (1 Van Accessible, 1 Standard Accessible, 1 Standard EVCS), Provided: 3
• Water Supply: Elsinore Valley Municipal Water District (EVMWD)
• 36-inch and 12-inch water lines in Clinton Keith Road
• 8-inch water line in Stable Lanes Road
• Sewer: EVMWD
• 12-inch sewer line in Clinton Keith Road
• 8-inch lateral to Clinton Keith Road
• New 174 linear foot 12-inch public sewer main to connect to existing mainline
• Electricity: To be connected to existing grid

PROPERTY FACTS

Price $2,700,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Retail
Total Lot Size 3.28 AC
Zoning R-R

1 LOT AVAILABLE

Lot

Price $2,700,000
Price Per AC $823,170.73
Lot Size 3.28 AC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
380-120-004
Land Assessment
$510,904
Improvements Assessment
$0
Total Assessment
$510,904
  • Listing ID: 32506614

  • Date on Market: 7/18/2024

  • Last Updated:

  • Address: 31249 Clinton Keith Rd, Wildomar, CA 92595

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