The subject property consists of approximately 6.81 acres of industrial zoned land in Lake Elsinore, California, positioned within an area experiencing substantial new development and investment. The site is located near the I-15 corridor and immediately south of several planned industrial projects, placing it directly in the path of the… Read More area’s continued industrial expansion.
A key component of the investment opportunity is the anticipated advancement of off-site infrastructure associated with nearby industrial and master-planned development. As these surrounding projects progress, infrastructure improvements are expected to extend closer to the subject property, potentially reducing the scope and cost of off-site improvements that would otherwise be required to develop the site independently. This dynamic could materially improve the property’s future development feasibility and economics.
Further strengthening the opportunity, the property already carries industrial zoning and has recently benefited from a FEMA floodplain redesignation that places nearly the entire site outside of the designated floodplain. Together, the existing industrial entitlement framework, improving infrastructure environment and substantially reduced floodplain exposure position the property as a compelling investment or development opportunity within Lake Elsinore’s expanding market. Read Less
Property listed by COLDWELL BANKER COMMERCIAL SC, ERIC WASHLE 714-323-3862
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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