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Canyon Estate Dr - 3.36 Ac Commercial land at I-15 3.36 Acres of Commercial Land Offered at $2,490,000 in Lake Elsinore, CA 92532



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
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 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 3.36 AC |
| Property Type | Land | ||
| Zoning | C 1 Commercial SP - Commercial - Special Project/zoning | ||
| Price | $2,490,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 3.36 AC |
| Zoning | C 1 Commercial SP - Commercial - Special Project/zoning |
1 Lot Available
Lot
| Price | $2,490,000 | Lot Size | 3.36 AC |
| Price Per AC | $741,071.43 |
| 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.
Property Taxes
| Parcel Number | 363-550-013 | Improvements Assessment | $0 |
| Land Assessment | $2,938,149 | Total Assessment | $2,938,149 |
Property Taxes
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Canyon Estate Dr - 3.36 Ac Commercial land at I-15
