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Investment Highlights

  • Fully entitled 3.25-acre development opportunity.
  • Excellent visibility from surrounding roadways.
  • Flexible opportunity for qualified developers.
  • Prime corner location in Lake Elsinore.
  • Convenient access to major thoroughfares.

Executive Summary

Offered for sale, this 3.25-acre entitled parcel at the intersection of Collier Avenue and Third Street presents a rare development opportunity in the growing Lake Elsinore market. With entitlements already in place, the property offers a streamlined path toward development, reducing entitlement risk and potentially accelerating project timelines. The site's prominent corner location provides excellent visibility and access, while its proximity to established residential neighborhoods, commercial services, and major transportation routes enhances its long-term appeal. Positioned within a community experiencing continued growth and investment, this property represents an attractive opportunity for developers, investors, and owner-users seeking a well-located site with development-ready potential.

Property Facts

Price $1,900,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use Hotel
Total Lot Size 3.25 AC
Cross Streets Third st.
Zoning Commercial - C2

1 Lot Available

Lot 2

Price $1,900,000
Price Per AC $584,615.38
Lot Size 3.25 AC

3.25-Acres entitled for a 124-room extended stay hotel. The entitlements are 2-3 months from being approved. Suitable for many other commercial uses.

Description

The property is being entitled for a 124-room extended stay hotel. The entitlements are 2-3 months from being approved. Suitable for many other commercial uses.

Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 377-081-016
  • 377-081-015
Land Assessment
$369,295
Improvements Assessment
$0
Total Assessment
$369,295
  • Listing ID: 38721261

  • Date on Market: 12/9/2025

  • Last Updated:

  • Address: Collier ave, Lake Elsinore, CA 92530

Contact the Sale Advisor

Collier ave - Lake Elsinore Hotel Site

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