0 Baker Street, Lake Elsinore, CA 92530
List Price: $500K
Listing Status: Active
0Days on Market: 0
0 Bedrooms · 0 Bathrooms
Property Type: Land
Lot Size: 296,643.6 sq ft
MLS Number: IV26180209
About This Property
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 provided by: ERIC WASHLE DRE #02076218 951-200-7683 ericw@cbcsocalgroup.com, COLDWELL BANKER COMMERCIAL SC
Source: CRMLS, MLS #: IV26180209