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    NE Of Riverside Dr And Joy Ave Lake Elsinore, CA

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    For Sale
    $5,350,000

    10 acres of land with commercial and residential zoning.

    Property size:
    435,600 SF
    Lot size:
    10.00 Acres

    Property Features for NE Of Riverside Dr And Joy Ave

    General Information

    Size
    435,600 SF
    Lot size
    10.00 Acres
    Source: Moodyscre

    Listing Agent: Susan Harvey

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

    Overview

    10 Acres in Lake Elsinore

    This property features 10 acres of land zoned for both high-density residential use, allowing 24 dwelling units per acre, and general commercial purposes. The location offers high visibility with a strong traffic count on Riverside Drive. It also provides convenient access to the 15, 215, and 60 Freeways.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Lake Elsinore
    County
    Riverside
    State
    California
    Longitude
    -117.3272615
    Latitude
    33.6680772

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    FAQs

    What type of property is this?
    Land - 10 acres of land with commercial and residential zoning.
    Where is this land located?
    The property is located at NE Of Riverside Dr And Joy Ave Lake Elsinore, CA.
    What is the asking price?
    The asking price for this property is $5,350,000.
    What are key features of this property?
    This property features: - High Density Residential Zoning (24 du/ac); - General Commercial Zoning; - 10 Acres Available
    (760) 360-8200
    Request Owner's contact information
    NE Of Riverside Dr And Joy Ave Lake Elsinore, CA
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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
    NE Of Riverside Dr And Joy Ave Lake Elsinore, CA
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