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.
MLS #
CRIV23018702
MLS Source
California Regional MLS
Days on Site
660
HOA Fee
$0
Zoning
D1
Listing Agent
ERIC WASHLE
COLDWELL BANKER COMMERCIAL SC
License #: 02076218
Phone: –
Co-Listing Agent
Brandon Sudweeks
COLDWELL BANKER COMMERCIAL SC
License #: 01435174
Phone: –
28750 Pierce Ave is in Lake Elsinore, CA 92530. This Land is currently priced at $1,350,000.
This address can also be written as 28750 Pierce Ave, Lake Elsinore, CA 92530.©2024 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of August 28, 2024. For the most current information, please contact ERIC WASHLE