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Collier Ave - 3.09 AC Zoned General Commercial 3.09 Acres of Commercial Land Offered at $1,750,000 in Lake Elsinore, CA 92530

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INVESTMENT HIGHLIGHTS

  • 3.09 acres of land, ideal for development opportunities
  • The area has experienced significant commercial development, including a recently constructed Honda dealership on ±6.97 acres.
  • Situated in Southwest Riverside County, with excellent freeway visibility along the heavily trafficked Interstate-15

EXECUTIVE SUMMARY

The subject property offers a new owner freeway visibility on the heavily trafficked Interstate-15 freeway which is the main thoroughfare connecting the Inland Empire to San Diego County. The property is conveniently located 0.5 miles from the Central Avenue I-15 on/off ramp on Collier Avenue offering easy access for future customers. The surrounding area has undergone tremendous development growth – most recently Lake Elsinore Honda acquired ±6.97 acres and constructed a new/used car dealership. The subject property will benefit from the presence of Honda Motors as a neighbor, as well as various new commercial developments in the surrounding area.

PROPERTY FACTS

Price $1,750,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
Total Lot Size 3.09 AC
Zoning C2 - General Commercial - Allows for a variety of commercial/retail uses

1 LOT AVAILABLE

Lot

Price $1,750,000
Price Per AC $566,343.04
Lot Size 3.09 AC

General Commercial Zoned land along Interstate-15 Available in Riverside County

DESCRIPTION

The subject property is well-positioned to take advantage of Lake Elisnore’s expanding commerce.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 377-081-019
  • 377-081-017
Land Assessment
$1,326,509
Improvements Assessment
$0
Total Assessment
$1,326,509
  • Listing ID: 33472420

  • Date on Market: 10/10/2024

  • Last Updated:

  • Address: Collier Ave, Lake Elsinore, CA 92530

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