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Investment Highlights

  • ±3.36-acre freeway commercial development site with outstanding Interstate 15 visibility
  • Positioned 1.8 miles south of Lake Elsinore Town Center’s retail and dining amenities
  • Morning and evening traffic exposure with over 128,000 vehicles per day on I-15
  • Located within the Canyon Creek “Summerhill” Specific Plan, allowing a range of commercial uses
  • Surrounded by residential neighborhoods, a medical plaza, and a storage facility in a growing market

Executive Summary

This ±3.36-acre freeway commercial parcel offers a prime development opportunity within Lake Elsinore’s thriving trade area. Positioned adjacent to Interstate 15, the site benefits from exceptional freeway visibility and convenient regional access. Located just 1.8 miles south of the Lake Elsinore Town Center, the property enjoys proximity to major retail, dining, and service destinations, as well as established residential communities that provide a strong consumer base.
The site features a generally level, rectangular configuration with slightly sloping edges and 396 feet of frontage on Canyon Estates Drive. Zoning under the Canyon Creek “Summerhill” Specific Plan supports a broad range of commercial uses, including retail, professional and medical office, fitness centers, restaurants, and additional service-oriented businesses. Designed to complement the surrounding office and retail environment, the property’s zoning allows developments that serve both local residents and interstate travelers.
With infill characteristics, utilities in the street, and daily traffic counts of approximately 128,000 vehicles per day, this parcel represents a rare freeway-oriented development location in an established and growing submarket. Limited availability of commercial land in Lake Elsinore further enhances the potential for retailers, investors, or developers seeking long-term value and consistent visibility along a major Southern California transportation corridor.

Property Facts

Price $2,490,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Community Center
  • Hotel
  • Neighborhood Center
Total Lot Size 3.36 AC
Zoning C 1 Commercial SP - Commercial - Special Project/zoning

1 Lot Available

Lot

Price $2,490,000
Price Per AC $741,071.43
Lot Size 3.36 AC

The site features a generally level, rectangular configuration with slightly sloping edges and 396 feet of frontage on Canyon Estates Drive. Zoning under the Canyon Creek “Summerhill” Specific Plan supports a broad range of commercial uses.

Description

The property is located on the northwest corner of Canyon Estate Drive and Summer Hill Drive in Lake Elsinore, California. It encompasses approximately 3.36 acres and is currently vacant land. The site has frontage of about 396 feet along Canyon Estate Drive and is zoned C-1/SP under the Canyon Creek “Summerhill” Specific Plan, which permits commercial development. The parcel is adjacent to Interstate 15, north of Railroad Canyon Road, and is located within proximity to Lake Elsinore Town Center. Utilities are available in the street, and the general topography is level with minor slopes.

Somewhat walkable
30/100
Exceptionally drivable
100/100
Minimal public transit
10/100

Property Taxes

Property Taxes

Parcel Number
363-550-013
Land Assessment
$2,938,149
Improvements Assessment
$0
Total Assessment
$2,938,149
  • Listing ID: 41044007

  • Date on Market: 6/24/2026

  • Last Updated:

  • Address: Canyon Estate Dr, Lake Elsinore, CA 92532

Contact the Sale Advisor

Canyon Estate Dr - 3.36 Ac Commercial land at I-15

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