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General Commercial Land Development Site
For Sale
$2,800,000

28857 Lake, Lake Elsinore, CA 92530

Two multi-structure parcels totaling approximately 4.5+ acres are zoned C2 General Commercial in Lake Elsinore.

Property SizeContact for details
Lot Size4.50 Acres
Days on Market59

Property Features for 28857 Lake

General Information

Standard status Active
Lot size 4.50 Acres
Property subtype Commercial
Zoning C2

Additional Details

Highway Access Yes
Listing Agency: Real Estate Source, Inc
Listed By: Genesis White ([email protected])
Source: Mrmurrieta
Added: Jun 11 Changed: Aug 8 Last Checked: Jun 13 at 12:40AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Source, Inc

Investment Insights

Based on property information with market context.

This multi-parcel commercial land offering totals approximately 4.5+ acres and includes two lots. One parcel is a 3.6-acre lot with an existing manufactured home that may be remodeled or removed. The second parcel is 0.91 acres and includes multiple existing structures, providing flexibility for redevelopment or income-producing improvements.

The site is located on the northeast corner of Lake Street and Running Deer Road and is positioned about 2.5 miles from Interstate 15. It is part of a larger commercially zoned footprint totaling approximately 4.5 acres and is zoned C2 General Commercial, described as allowing a range of uses under C0, C1, and C2 classifications.

The broader area includes a planned commercial project currently in final entitlement to the south at Mountain Street and Lake Street, with an approximately 32,000-square-foot retail center and additional components noted in the remarks.

Key Highlights

  • Multi‑parcel property in Lake Elsinore totaling approximately 4.5+ acres (two residential/land parcels).
  • 3.6‑acre lot includes an existing manufactured home that may be remodeled or removed for development.
  • 0.91‑acre lot includes multiple existing structures for redevelopment or income‑producing improvements.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby

Demographics for 92530, CA

59,098
Population
18,502
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
77.1 sq mi
ZIP Area
767
Density / Sq Mi
$84,799
Median Household Income
$41,138
Median Earnings
$1,705
Median Rent
$467,400
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two multi-structure parcels totaling approximately 4.5+ acres are zoned C2 General Commercial in Lake Elsinore.
Where is this commercial land located?
The property is located at 28857 Lake Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Multi‑parcel property in Lake Elsinore totaling approximately 4.5+ acres (two residential/land parcels).; 3.6‑acre lot includes an existing manufactured home that may be remodeled or removed for development.; 0.91‑acre lot includes multiple existing structures for redevelopment or income‑producing improvements.
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