- For Sale $6,550,000
- Property Type VacantLand
- Lot Size 40.55 Acre
- Date Updated Mar 20, 2026
Description
The subject property consists of eight contiguous parcels totaling approximately 40.54 gross acres, identified by APNs 347-620-002, 003, 004, 011, 013, 014, 021, and 022. The site is located along Highway 74 in the City of Lake Elsinore, within Riverside County, California. It enjoys excellent visibility and frontage along the highway with approx. 35,000 average daily trips (ADT).
The property is situated just east of Menifee and west of Hemet, in a rapidly growing corridor that has seen increased residential and commercial development in recent years. It lies in proximity to regional shopping centers, schools, and residential communities, making it an ideal location for a wide range of commercial uses. A portion of the site falls within the North Peak Specific Plan, designated for highway-oriented retail and business park uses, while the remaining parcels are zoned General Commercial, allowing for a variety of retail, hospitality, and service-oriented uses. The City has shown a willingness to allow for residential development with various densities on the subject property.PROPERTY HIGHLIGHTS
• Approx. 1,600 feet of frontage on Hwy 74 with approx. 35,000 ADT
• Permitted uses include retail, industrial with outside storage, hotel, church, school and more
• Existing house with indoor pool and various structures
• Across from new upscale residential community
• Approx. 30 acres usable – potential for residential development
***CONTACT LISTING BROKERS FOR MORE INFORMATION***
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Contacts
Matt Weaver
Lee & Associates - North San Diego
Location
Contact Listing Broker
Matt Weaver
Lee & Associates - North San Diego