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Executive Summary

The subject property comprises approximately 40.55 acres of vacant land with two distinct zoning designations. A portion of the site lies within the North Peak Specific Plan, while the remaining portion is zoned General Commercial.
The North Peak master-planned community spans approximately 953 acres and is planned to accommodate around 1,200 residential units. Parcels within the Specific Plan area are designated for highway-oriented retail development or business park use, supporting a wide range of commercial and employment-generating uses.
Parcels zoned General Commercial allow for a broad mix of permitted uses, including retail establishments, transit stations, hotels, places of worship, and more. Please note mini storage is not permitted as that is being completed next to the subject property. Industrial with outside storage is allowed.
Strategically located with excellent visibility along Highway 74, the site benefits from over 35,000 average daily trips (ADT), offering strong potential for future commercial development.

Property Facts

Price $9,011,621 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Mixed Use
  • Multifamily
  • Apartment Units
  • Winery or Vineyard
Total Lot Size 40.55 AC
No. Stories 1

1 Lot Available

Lot

Price $9,011,621 CAD
Price Per AC $222,234.80 CAD
Lot Size 40.55 AC
Somewhat walkable
20/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Not bikeable
10/100
  • Listing ID: 39874659

  • Date on Market: 2026-03-23

  • Last Updated:

  • Address: Hwy 74 & Trellis Ln, Lake Elsinore, CA 92532

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