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Lake Elsinore Development Opportunity
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Lake Elsinore CA 92530, Lake Elsinore, CA 92530

12.54 acres of commercial land in Lake Elsinore, CA.

Property Size162,000 SF
Lot Size12.54 Acres
Price / SF$209.75
Days on Market107

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
Investment Type Owner/User
Listing Agency: eXp Realty of California Inc
Listed By: Jason Graham · License #CA 01766858
Source: Crexi
Added: May 12 Changed: Aug 16 Last Checked: Aug 25 at 6:23PM

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.

Located at the signalized corner of Ortega and Grand in Lake Elsinore, California, this 12.54-acre property consists of two parcels, APN # 's 381-320-026 & 381-320-020. The fee simple land is nearing final tentative tract map approval for 6 lots. Lot 1 is approved for a gas station, convenience store, office space (6,480 sq. ft.) with space on the 2nd story (approx. 1,4300 sq. ft.), and a QSR (approx. 1,912 sq. ft.) with CUP approval. Lots 2 and 3 are restaurant pads with drive-throughs, each 2,400 sq. ft., and have approved TTMs. Lot 4 is a pad for 60 condos in 5 buildings, totaling 93,365 sq. ft. (18,673 sq. ft. per building), with an approved TTM. Lot 5 is a pad for approximately 23,000 sq. ft. of retail space with 14 condos on the 2nd story (approx. 20,000 sq. ft.), also with an approved TTM. Lot 6 is a car wash pad with CUP approval. The property is located on the southernmost artery from Temecula Valley to South Orange County. Each of the lots are available for individual sale, or together as a bulk sale.

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.

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Pharmacy Storage Facility Furniture & Home Goods (Bike/Boat/Book/etc) Store Law Firm

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

Location Intelligence

Trade Area within ½ mile

334
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 - 12.54 acres of commercial land in Lake Elsinore, CA.
Where is this commercial land located?
The property is located at Lake Elsinore CA 92530 Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $33,980,000.
What are key features of this property?
This property features: 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.
(951) 852-4757 Call to check price and availability
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