LAKE ELSINORE CA 92530 Lake Elsinore, CA 92530
12.54 acres of commercial land in Lake Elsinore, CA.
- Added:
- May 12, 2026
- Days on Market:
- 62
- Last Refresh:
- Jul 5 at 9:17 am
Property Features for LAKE ELSINORE CA 92530
General Information
- Standard status
- Active
- Size
- 162,000 SF
- Lot size
- 12.54 Acres
- Property subtype
- Retail, Mixed Use, Land, Special Purpose
Listing office eXp Realty of California Inc (951) 852-4757
Listing date May 12, 2026
Source Crexi
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 eXp Realty of California Inc
Investment Insights
Based on property information with market context.
Key Highlights
- 12.54 acres on the signalized corner of Ortega & Grand, a high‑traffic location.
- Near final tentative tract map approval for 6 lots.
- Approved Conditional Use Permit (CUP) for a Gas Station/Convenience Store/Office/QSR on Lot 1.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $3.50M | $21.60 |
| − Vacancy | −$182.0k | −$1.12 |
| EGI | $3.32M | $20.48 |
| − OpEx | −$995.2k | −$6.14 |
| NOI | $2.32M | $14.33 |
