Thank you
Eric Washle
COLDWELL BANKER COMMERCIAL SC
951-200-7683
The subject property consists of two parcels totaling approximately 4.58 acres located on Pierce St just south of Nichols Rd in the City of Lake Elsinore. The property has relatively flat topography and is just south and west of two separate proposed industrial development projects. The site is an approximate 0.5 mile drive to I-15 at Nichols Rd. Furthermore the property is approximately 70 miles from the Ports of LA and Long Beach. The property is currently fenced on all sides and contains a newly renovated 3 bedroom, 2 bathroom single family home. Toward the back of the property is a large barn with a small living quarters/office built above the barn. Buyer to verify all permits for existing structures. The subject property is zoned Single Family Residential which is intended to accommodate low density residential projects with +/-7200 SF lots. Ownership has had positive conversations with the city in regards to a potential rezone. Given the prospective industrial developments to the east and to the north of this site it is believed that there will be favorable support for an industrial rezone at this location.
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Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 4.58
Lot Size Source: Assessor
Lot Size Square Feet: 199505
Original List Price: 1,350,000
Listing Contract Date: 2023-02-02
Listing Agreement: Exclusive Right To Sell
Parcel Number: 378020018
Lease Term: Negotiable
Source Listing Status: Active
Source Neighborhood: SRCAR - Southwest Riverside County
Postal Code Plus 4: 2506
Directions: The site is an approximate 0.5 mile drive to I-15 at Nichols Rd.
Zoning: R1
Source Property Type: Land
Area: SRCAR - Southwest Riverside County
Year Built Source: Vendor Enhanced
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
1 Londos, Lake Elsinore, CA,92530 | $37,500 | -- | -- | -- | 7841 Sqft |
11 Franklin E., Lake Elsinore, CA,92530 | $440,000 | -- | -- | -- | 55473 Sqft |
30 Country Club Blvd, Lake Elsinore, CA,92530 | $60,000 | -- | -- | -- | 38333 Sqft |
29 Stevens St, Lake Elsinore, CA,92530 | $35,000 | -- | -- | -- | 6488 Sqft |
5 Skyline Dr, Lake Elsinore, CA,92530 | $13,000 | -- | -- | -- | 2614 Sqft |
Calkin, Lake Elsinore, CA,92530 | $20,000 | -- | -- | -- | 2614 Sqft |
9 Ulmer, Lake Elsinore, CA,92530 | $16,000 | -- | -- | -- | 3485 Sqft |
71 Howlett, Lake Elsinore, CA,92530 | $40,000 | -- | -- | -- | 16553 Sqft |
7 Main St, Lake Elsinore, CA,92530 | $150,000 | -- | -- | -- | 9148 Sqft |
6 Main St, Lake Elsinore, CA,92530 | $150,000 | -- | -- | -- | 9148 Sqft |
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ByOwner last updated this listing 05/06/2024 @ 15:56
MLS: IV23018702
LISTED BY: ERIC WASHLE, COLDWELL BANKER COMMERCIAL SC
SOURCE: CRMLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.