List Search

State Highway 74 @ Riverside St
Lake Elsinore, CA 92532 Perris

$2,250,000 USD

Land For Sale  •  4.42 AC

Property Details

  • Property Type Land
  • Lot Size 4.42 AC
  • Zoning C-2
0 Transit Score
1 Walk Score

Description

Prime Investment Opportunity with Flexible Options
A rare opportunity to acquire a high-profile commercial development site in the heart of Lake Elsinore’s rapidly expanding commercial corridor. This 4.42-acre parcel, consisting of two separate APNs, offers unmatched development flexibility—allowing an investor to build on one parcel and sell the other, or hold for future appreciation.

Located at a signalized intersection on Highway 74, this site boasts exceptional visibility, easy access, and high traffic counts. With C-2 zoning, the property is well-positioned for a variety of commercial uses, including:

Gas Station

Convenience Store (C-Store)

Quick-Service Restaurant (QSR)

Car Wash

Self-Storage

Contractor Storage Yard

Property Highlights

Strategic Signalized Corner – Ensuring excellent accessibility & exposure

High-Traffic Location – Positioned along a major commuter corridor

Growth-Oriented Market – Located within a rapidly expanding submarket of SW Riverside County

Flexible Development Options – Purchase both parcels or select one based on your needs

C-2 Zoning – Suitable for various retail, service, and hospitality uses

Pricing & Parcel Breakdown
The property consists of two separate parcels, offering buyers multiple investment strategies:

Option 1: Purchase Both Parcels
Total Size: 4.42 Acres (Both Parcels)
 Price: $2,250,000

Option 2: Purchase Individual Parcels

Parcel 1: 2.04 Acres (Corner lot at the signalized intersection)
Price: $1,250,000

Parcel 2: 2.38 Acres (Adjacent parcel offering future development potential)
Price: $1,100,000

Location Overview
Lake Elsinore, CA is one of the fastest-growing cities in Riverside County, benefiting from its pro-business environment, increasing population, and expanding infrastructure. The property sits in a prime position within the Inland Empire market, serving both local and regional consumer bases.

Key Location Benefits:
Easy access to major highways and freeways
Close to residential communities, ensuring a strong customer base
Growing economic hub with increasing commercial and retail activity



C-2 Zoning uses: Auto Dealership, Car Wash, Commercial, Contractor Storage Yard, Convenience Store, Day Care Center, Drug Store, Fast Food, General Freestanding, Health Care, Hospital, Hospitality, Hotel, Medical, Mixed Use, Motel, Office, Office Park, Religious Facility, Restaurant, Retail, Schools, Self-Storage, Service Station, Storefront, Storefront Retail/Office, Strip Center, Supermarket

Highlights

Signalized Intersection
High Traffic Location in the Path of Growth
Great Location for Gas Station/C-Store
Possible Contractors Yard
2 APN's, Seller Will Sell Separately
C-2 Zoning allows for Gas Stations, C-Store, Car Wash, QSR, Self Storage, and Contractor Storage Yards among other uses.

Property Flyers

Public Transportation

Commuter RailDriveWalkDistance
Perris Downtown (Metrolink 91-Perris Valley Line - Metrolink Trains) 10 min - 7.4 mi
South Perris (Metrolink 91-Perris Valley Line - Metrolink Trains) 13 min - 9.3 mi
AirportDriveWalkDistance
Ontario International 45 min - 37.0 mi
Kris McGee 970-846-2105 eXp Commercial
Kris McGee 970-846-2105 eXp Commercial