Lake Elsinore, CA
Commercial Real Estate Market Trends & Data

$356 per SF Avg asking sale price
$16 per SF Avg asking lease rate
11,190 SF Avg unit lease size
89,868 SF Avg building size for sale
6.24% Average cap rate

Lake Elsinore's Demographic Profile

Lake Elsinore has 20,335 households and a median income of $85,174, providing context for rent absorption and tenant demand across retail and multifamily assets. A +5% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 71,244
# Households 20,335
Median age 34
Median household income $85,174
Avg household size 3.0
Renter-occupied housing units 6,498
5-year population change +5%

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↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Murrieta Hot Springs $357 5,447 SF 6.68%
Murrieta $357 5,447 SF 6.68%
Menifee $393 1,919 SF 5.39%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
Murrieta Hot Springs $278 45,951 SF 5.79%
Murrieta $278 45,951 SF 5.79%
Nearby Retail Markets Avg Cost/SF Typical Size
Lake Elsinore $300 194,863 SF
Wildomar $291 10,133 SF
Murrieta Hot Springs $669 11,902 SF
Canyon Lake $486 3,800 SF
Murrieta $669 11,902 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Lake Elsinore $523 1,955 SF 6.97%
Corona $287 6,000 SF 5.04%
Fallbrook $489 5,220 SF 5.59%
March ARB $318 5,142 SF 5.39%
San Clemente $1,004 7,751 SF 4.50%

Commercial Properties For Sale in Lake Elsinore

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

Riverside St, Perris APN 349-420-007

Perris, CA 92570

  • 14.69 AC Lot
  • 1 Residential Income Lot
  • $628,000
For Sale

6.81 AC Baker Street

Lake Elsinore, CA 92530

  • 6.81 AC Lot
  • 1 Commercial Lot
  • $500,000
For Sale

3.09 AC Zoned General Commercial

Lake Elsinore, CA 92530

  • 3.09 AC Lot
  • 1 Commercial Lot
  • $1,700,000
For Sale

The Cape of Good Hope Specific Plan

Lake Elsinore, CA 92530

  • 40.44 AC Lot
  • 1 Residential Income Lot
  • $1,250,000
For Sale

Rome Hill Industrial Park

Lake Elsinore, CA 92530

  • 45,859 SF Industrial Building
  • $12,611,225
For Sale

14 Bundy Canyon Rd - Retail Development Op

Wildomar, CA 92595

  • 1.46 AC Lot
  • 1 Commercial Lot
  • $900,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Lake Elsinore pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Lake Elsinore $356 89,868 SF
Wildomar $431 76,702 SF
Murrieta Hot Springs $515 29,602 SF
Canyon Lake $486 3,800 SF
Murrieta $515 29,602 SF

Regional Demographic Comparison

This comparison places Lake Elsinore alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Lake Elsinore or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Lake Elsinore 71,244 20,335 34 $85,174 3 6,498 5%
Wildomar 36,618 11,059 37 $92,407 3 3,046 4%
Murrieta Hot Springs 127,191 39,330 37 $105,977 3 11,460 4%
Canyon Lake 12,183 4,283 41 $120,249 3 693 5%
Murrieta 108,338 33,801 37 $103,414 3 10,716 4%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Lake Elsinore, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Lake Elsinore

View All Commercial Real Estate For Sale in Lake Elsinore
Is Lake Elsinore a good market for a first-time commercial real estate investor?

Lake Elsinore offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Lake Elsinore?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Lake Elsinore. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Lake Elsinore?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Lake Elsinore. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Lake Elsinore compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Lake Elsinore. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Lake Elsinore acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Lake Elsinore, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends