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.
16806 Pierce Avenue: Sold $384,000 · 3 bd · 1 ba · 1,304 sqft · Sep 2026 · 0.8 mi Corporate America Investments | DRE #00992777 Buyer's agent: Jossmar Gutierrez, NONMEMBER MRML | DRE #02133465
16938 Bell Avenue: Sold $560,000 · 4 bd · 3 ba · 1,507 sqft · Sep 2026 · 0.8 mi Abundance Real Estate | DRE #01418440 Buyer's agent: Enrique Esparza Martinez, Realty One Group Homelink | DRE #01926362
0 Ryan Ave: Sold $70,000 · Sep 2026 · 1.3 mi
30928 Olas Court: Sold $501,050 · 3 bd · 3 ba · 1,807 sqft · Sep 2026 · 1.3 mi D R Horton America's Builder | DRE #01304901 Buyer's agent: MARIA DIAZ, PAK HOME REALTY | DRE #01772645
30927 Olas Court: Sold $503,990 · 4 bd · 3 ba · 1,900 sqft · Sep 2026 · 1.3 mi D R Horton America's Builder | DRE #01304901 Buyer's agent: Patricia Outlaw Troutman, Realty ONE Group West | DRE #02112813
2 Strickland Avenue: Sold $13,000 · Sep 2026 · 1.3 mi Marin Realty Group | DRE #01753895 Buyer's agent: Jose Marin, Marin Realty Group | DRE #01753895
1 Strickland Avenue: Sold $13,000 · Sep 2026 · 1.3 mi Marin Realty Group | DRE #01753895 Buyer's agent: Jose Marin, Marin Realty Group | DRE #01753895