Property profile

9 Lk St Lk Lake Elsinore, CA 92570

OFF-MARKET
Land
40 ac lot
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Property summary

AI-generated overview

This exceptional 40-acre (1,742,400 sq ft) parcel in Lake Elsinore, CA (APN 393050009), presents a unique investment opportunity. Located on Lake Street/Highcliff Rd/Power line road in Southwestern Riverside County, this nearly square lot (approximately 1,296' x 1,323') offers significant potential. An electrical tower is conveniently situated on the southwest corner. The property is zoned RA-10, allowing for mobile homes. Enjoy proximity to Mt. Jacinto College and the recreational amenities of Lake Elsinore, including its large lake perfect for fishing, boating, and waterskiing, along with numerous parks. The vibrant downtown area boasts shops, restaurants, City Hall, and various services. Lake Elsinore schools are nearby, and the I-15 Freeway provides easy access to Riverside, San Bernardino, San Diego, and Orange Counties. This vacant land is ideal for a diverse range of development possibilities and represents a strong addition to any investment portfolio. The asking price is $126,000.

Property profile

Verified
Property type Land
Lot 40 ac (1,742,400 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

9 Lk St Lk Lake Elsinore, CA 92570
Lake Elsinore metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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