State Highway 74 @ Riverside St - Commercial LAND FOR SALE


Lake Elsinore, CA 92532 192,535 SF
$2,250,000 USD
970-846-2105
State Highway 74 @ Riverside St, Lake Elsinore, CA for Sale
$2,250,000 USD
Commercial LAND - FOR SALE
1/17
192,535 SF

State Highway 74 @ Riverside St
Lake Elsinore, CA 92532


HIGHLIGHTS

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

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/ACRE

$509,050/AC

PRICE/SF

$12 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Signalized Corner Hwy 74

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Hospitality, Auto Dealership, Car Wash, Contractor Storage Yard, Convenience Store, Day Care Center, Drug Store, Fast Food, General Freestanding, Health Care, Hospital, Hotel, Medical, Motel, Office Park, Religious Facility, Restaurant, Schools, Self-Storage, Service Station, Storefront, Storefront Retail/Office, Strip Center, Supermarket

LAND ACRES

4.42 AC

LAND SF

192,535 SF

OFFSITE IMPROVEMENTS

-

ZONING

C-2

APN/PARCEL ID

347-110-071,347-110-074

ASK ABOUT THIS PROPERTY

Kris McGeeeXp CommercialMore Info
970-846-2105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Kris McGeeeXp CommercialMore Info
970-846-2105

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.