Current Use by Public Records
- Land
Property Details for 0 4.58 Ac Pierce St
- Lot size
- 4.58 lot acres
- Property type
- Land
- Property subtype
- Farms
Description
This exceptional 4.58-acre agricultural property in Lake Elsinore, California, presents a unique investment opportunity. Situated on Pierce Street, just south of Nichols Road, this land boasts a relatively flat topography and is conveniently located approximately 0.5 miles from Interstate 15 via Nichols Road, offering easy access to major transportation routes. Its strategic location is further enhanced by its proximity to two proposed industrial development projects, suggesting significant future growth potential. The property is also within a 70-mile radius of the Ports of Los Angeles and Long Beach, providing convenient access to vital shipping and logistics networks. The land is fully fenced and includes a recently renovated three-bedroom, two-bathroom single-family home, adding immediate value and potential rental income. A substantial barn with an attached small living quarters/office is also located on the property. Potential buyers are responsible for verifying all permits associated with the existing structures. This property offers a blend of residential and agricultural uses, making it an attractive investment for various purposes. The zoning and permitted uses should be independently verified by the prospective buyer. This is a rare opportunity to acquire a sizable parcel of land in a rapidly developing area with excellent access to major transportation arteries and significant industrial growth potential. The property's existing structures provide additional value and potential income streams.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lake Elsinore
- County
- Riverside
- State
- California
- Longitude
- -117.367
- Latitude
- 33.7031
