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State Highway 74 - Signalized Corner Hwy 74 4.42 Acres of Commercial Land Offered at $2,250,000 in Lake Elsinore, CA 92532

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INVESTMENT HIGHLIGHTS

  • Signalized Intersection
  • Great Location for Gas Station/C-Store
  • 2 APN's, Seller Will Sell Separately
  • High Traffic Location in the Path of Growth
  • Possible Contractors Yard
  • C-2 Zoning allows for Gas Stations, C-Store, Car Wash, QSR, Self Storage, and Contractor Storage Yards among other uses.

EXECUTIVE SUMMARY

Prime Investment Opportunity with Flexible Options
A rare opportunity to acquire a high-profile commercial development site in the heart of Lake Elsinore’s rapidly expanding commercial corridor. This 4.42-acre parcel, consisting of two separate APNs, offers unmatched development flexibility—allowing an investor to build on one parcel and sell the other, or hold for future appreciation.
Located at a signalized intersection on Highway 74, this site boasts exceptional visibility, easy access, and high traffic counts. With C-2 zoning, the property is well-positioned for a variety of commercial uses, including:
Gas Station
Convenience Store (C-Store)
Quick-Service Restaurant (QSR)
Car Wash
Self-Storage
Contractor Storage Yard
Property Highlights
Strategic Signalized Corner – Ensuring excellent accessibility & exposure
High-Traffic Location – Positioned along a major commuter corridor
Growth-Oriented Market – Located within a rapidly expanding submarket of SW Riverside County
Flexible Development Options – Purchase both parcels or select one based on your needs
C-2 Zoning – Suitable for various retail, service, and hospitality uses
Pricing & Parcel Breakdown
The property consists of two separate parcels, offering buyers multiple investment strategies:
Option 1: Purchase Both Parcels
Total Size: 4.42 Acres (Both Parcels)
Price: $2,250,000
Option 2: Purchase Individual Parcels
Parcel 1: 2.04 Acres (Corner lot at the signalized intersection)
Price: $1,250,000
Parcel 2: 2.38 Acres (Adjacent parcel offering future development potential)
Price: $1,100,000

Key Location Benefits:
Easy access to major highways and freeways
Close to residential communities, ensuring a strong customer base
Growing economic hub with increasing commercial and retail activity
Demographics (5-Mile Radius)
Total Population: 89,809
Total Households: 26,534
Avg. Household Income: $107,192
Avg. Home Value: $550,022
Data sourced from AlphaMap.
C-2 Zoning uses: Auto Dealership, Car Wash, Commercial, Contractor Storage Yard, Convenience Store, Day Care Center, Drug Store, Fast Food, General Freestanding, Health Care, Hospital, Hospitality, Hotel, Medical, Mixed Use, Motel, Office, Office Park, Religious Facility, Restaurant, Retail, Schools, Self-Storage, Service Station, Storefront, Storefront Retail/Office, Strip Center, SupermarketLocation Overview
Lake Elsinore, CA, is one of the fastest-growing cities in Riverside County. It benefits from its pro-business environment, increasing population, and expanding infrastructure. The property sits in a prime position within the Inland Empire market, serving both local and regional consumer bases.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $2,250,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Hospitality
  • Auto Dealership
  • Carwash
  • Contractor Storage Yard
  • Convenience Store
  • Daycare Center
  • Drugstore
  • Fast Food
  • General Freestanding
  • Healthcare
  • Hospital
  • Hotel
  • Medical
  • Motel
  • Office Park
  • Religious Facility
  • Restaurant
  • Schools
  • Self Storage
  • Service Station
  • Storefront
  • Storefront, Retail or Office
  • Strip Center
  • Supermarket
Total Lot Size 4.42 AC
Cross Streets Riverside St
Zoning C-2 - Allows for Gas Stations, C-Store, Car Wash, QSR, Self Storage, and Contractor Storage Yards among other uses.

1 LOT AVAILABLE

Lot

Price $2,250,000
Price Per AC $509,049.77
Lot Size 4.42 AC

Prime Investment Opportunity with Flexible Options. Rare opportunity to acquire a high-profile commercial development. Terrific Location on Hwy 74 on a signalized corner. C-2 Zoning. 2 APN#'s seller will sell separately at $1,250,000 and $1,100,000

DESCRIPTION

Prime Investment Opportunity with Flexible Options A rare opportunity to acquire a high-profile commercial development site in the heart of Lake Elsinore’s rapidly expanding commercial corridor. This 4.42-acre parcel, consisting of two separate APNs, offers unmatched development flexibility—allowing an investor to build on one parcel and sell the other, or hold for future appreciation. Located at a signalized intersection on Highway 74, this site boasts exceptional visibility, easy access, and high traffic counts. With C-2 zoning, the property is well-positioned for a variety of commercial uses, including: Gas Station Convenience Store (C-Store) Quick-Service Restaurant (QSR) Car Wash Self-Storage Contractor Storage Yard Property Highlights Strategic Signalized Corner – Ensuring excellent accessibility & exposure High-Traffic Location – Positioned along a major commuter corridor Growth-Oriented Market – Located within a rapidly expanding submarket of SW Riverside County Flexible Development Options – Purchase both parcels or select one based on your needs C-2 Zoning – Suitable for various retail, service, and hospitality uses Pricing & Parcel Breakdown The property consists of two separate parcels, offering buyers multiple investment strategies: Option 1: Purchase Both Parcels Total Size: 4.42 Acres (Both Parcels) Price: $2,250,000 Option 2: Purchase Individual Parcels Parcel 1: 2.04 Acres (Corner lot at the signalized intersection) Price: $1,250,000 Parcel 2: 2.38 Acres (Adjacent parcel offering future development potential) Price: $1,100,000 Location Overview Lake Elsinore, CA is one of the fastest-growing cities in Riverside County, benefiting from its pro-business environment, increasing population, and expanding infrastructure. The property sits in a prime position within the Inland Empire market, serving both local and regional consumer bases. Key Location Benefits: Easy access to major highways and freeways Close to residential communities, ensuring a strong customer base Growing economic hub with increasing commercial and retail activity C-2 Zoning uses: Auto Dealership, Car Wash, Commercial, Contractor Storage Yard, Convenience Store, Day Care Center, Drug Store, Fast Food, General Freestanding, Health Care, Hospital, Hospitality, Hotel, Medical, Mixed Use, Motel, Office, Office Park, Religious Facility, Restaurant, Retail, Schools, Self-Storage, Service Station, Storefront, Storefront Retail/Office, Strip Center, Supermarket

  • Listing ID: 31751543

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: State Highway 74, Lake Elsinore, CA 92532

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