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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.
Listing agent: ERIC WASHLE DRE #02076218 ericw@cbcsocalgroup.com, Listing office: COLDWELL BANKER COMMERCIAL SC
MLS data updated 11/2/2026, 1:42:53 PM PT
Source: CRMLS, MLS #: IV26180209
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Aug 17, 2026
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$500,000Original asking price · Aug 17, 2026ZIP 92530 · Aug 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.