74 Hwy Hemet, CA 92532
- Lifestyle centers
- 4.42 lot acres
Current Use by Public Records
- Lifestyle centers
Property Details for 74 Hwy
- Lot size
- 4.42 lot acres
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
This exceptional 4.42-acre commercial land parcel presents a prime investment or development opportunity in Lake Elsinore, California. Located on a signalized corner of Highway 74 and Riverside Street (address: 0 Hwy 74, Lake Elsinore, CA 92532), this property boasts a highly desirable C-2 zoning designation. The expansive lot size allows for a wide range of development possibilities, including but not limited to convenience stores, quick-service restaurants (QSRs), shopping centers, gas stations, car washes, self-storage facilities, and contractor storage yards. The C-2 zoning also permits uses such as auto dealerships, day care centers, drug stores, health care facilities, hotels, motels, office buildings, office parks, restaurants, retail spaces, schools, and supermarkets. This strategic location on a busy highway offers exceptional visibility and accessibility, making it an ideal site for a variety of commercial ventures. The property's APN is 347-110-074 & 347-110-071. The asking price is $2,700,000. This is a rare opportunity to acquire a significant commercial land holding in a rapidly growing area. Don't miss out on this chance to capitalize on the potential of this high-traffic location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -117.312
- Latitude
- 33.711
