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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.

PROPERTY FEATURES

Water Source: Public
Lot Features: 2-5 Units/Acre
Parcel Identification Number: 378020018
Zoning: R1 MLSAreaMajor: SRCAR - Southwest Riverside County Distance To Water: 0

PROPERTY DETAILS

Street Address: 28750 Pierce Avenue
City: Lake Elsinore
State: California
Postal Code: 92530
County: Riverside
MLS Number: IV23018702
Courtesy of COLDWELL BANKER COMMERCIAL SC

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