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    16405 Grand Ave Lake Elsinore, CA 92530

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    For Sale
    $1,550,000

    6 acres of commercial land with frontage and lake view.

    Property size:
    261,360 SF
    Lot size:
    5.82 Acres

    Property Features for 16405 Grand Ave

    General Information

    Size
    261,360 SF
    Lot size
    5.82 Acres
    Source: Moodyscre

    Listing Agent: Harry Lu

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Commercial Land with Lake View

    This is a 6-acre commercial vacant land parcel. The property features excellent street frontage along Grand Avenue and offers a view of Lake Elsinore. The seller is open and willing to carry.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Auto Repair Shop Gym & Fitness Pharmacy Wholesale Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Elsinore
    County
    Riverside
    State
    California
    Longitude
    -117.365352
    Latitude
    33.650576

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    FAQs

    What type of property is this?
    Land - 6 acres of commercial land with frontage and lake view.
    Where is this land located?
    The property is located at 16405 Grand Ave Lake Elsinore, CA.
    What is the asking price?
    The asking price for this property is $1,550,000.
    What are key features of this property?
    This property features: - 6 Acres of Commercial Vacant Land; - Excellent Street Frontage Along Grand Avenue; - Seller Open/Willing to Carry
    (562) 762-3118
    Request Owner's contact information
    16405 Grand Ave Lake Elsinore, CA 92530
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    16405 Grand Ave Lake Elsinore, CA 92530
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