Baker Street, Lake Elsinore, CA 92530

$500,000

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List Price
$500,000
Status
ACTIVE
MLS#
IV-26180209
Lot Size
6
Days on Market
4
Property Type
Land

Property Description

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 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.

Additional Information

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Listing courtesy of COLDWELL BANKER COMMERCIAL SC.