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Faits saillants de l'investissement

  • Signalized hard-corner location at SR-74 (Ortega Hwy) and Grand Avenue, capturing 50,000+ vehicles per day.
  • Fully entitled 12.54-acre fee-simple master site nearing final Tentative Tract Map approval — shovel-ready with minimal entitlement risk.
  • 90,000+ residents within a 5-mile radius with median household income above $70,000, anchoring strong local demand.
  • Last commercial node before 13 miles of undeveloped corridor through the Cleveland National Forest, creating a captive customer base.
  • Integrated mixed-use plan combines fuel, QSR, retail, car wash, and residential uses for built-in cross-traffic synergy.
  • Six lots available individually or as a complete portfolio at $33,980,000 — flexible for end-users, developers, or investors.

Résumé de l'annonce

The Ortega Hwy & Grand Ave development is a 12.54-acre entitled mixed-use master project in Lake Elsinore, California, offered at a portfolio asking price of $33,980,000 — or individually by pad. The site comprises six fee-simple lots: a CUP-approved gas station/convenience/office/QSR anchor (Lot 1), two CUP-approved 2,400 sq. ft. drive-through restaurant pads (Lots 2 and 3), a 60-unit residential condominium pad (Lot 4), a mixed-use pad with approximately 23,000 sq. ft. of retail and 14 apartments/condos (Lot 5), and a CUP-approved 4,060 sq. ft. car wash (Lot 6). Strategically positioned at the signalized intersection of SR-74 and Grand Avenue — the last commercial node before 13 miles of undeveloped corridor through the Cleveland National Forest — the site captures more than 50,000 vehicles per day. A rare, fully entitled, shovel-ready opportunity in Southwest Riverside County's growth corridor.

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Faits sur la propriété

Prix 2 101 943 $ à 47 935 585 $ CAD
Type de vente Investissement
Nombre de lots 6
Type de propriété Terrain
Sous-type de propriété Terrain commercial
Utilisation proposée
Commercial
  • Commerce de détail
  • Unités d’appartements
  • Unités d’appartements - Condo
  • Lave-auto
  • Restaurant
  • Station de service
Taille totale du lot 8,27 AC
Zonage CP - Approved CUP on each lot, mixed use commercial.

6 Lots disponibles

Lot 1

Prix 8 746 340 $ CAD
Prix par AC 6 478 770,20 $ CAD
Taille du lot 1,35 AC

Premier 1.35-acre CUP-approved Gas Station (Arco/Am Pm) anchor pad at the signalized corner of Ortega Hwy & Grand Ave, planned for a 6,480 sq. ft. convenience store/QSR, ~1,430 sq. ft. of second-story office, and a ~6,054 sq. ft. canopy.

Lot 2

Prix 2 101 943 $ CAD
Prix par AC 5 838 730,40 $ CAD
Taille du lot 0,36 AC

Entitled 0.36-acre Restaurant pad with CUP-approved drive-through, configured at 2,400 sq. ft. and purpose-planned to capture westbound SR-74 commuter and traveler flow — a clean, shovel-ready acquisition for national QSR formats.

Lot 3

Prix 2 101 943 $ CAD
Prix par AC 8 084 395,95 $ CAD
Taille du lot 0,26 AC

Entitled 0.26-acre Restaurant pad with CUP-approved drive-through at 2,400 sq. ft., mirroring Lot 2 to create a paired dual-QSR cluster targeting SR-74 commuter and recreational traffic flow.

Lot 4

Prix 17 633 750 $ CAD
Prix par AC 4 158 903,19 $ CAD
Taille du lot 4,24 AC

Entitled 4.24-acre residential pad approved for 60 for-sale or build-to-rent condominium units across five mid-density buildings totaling 93,365 sq. ft., with a community center and pool, in fast-growing Lake Elsinore.

Lot 5

Prix 10 580 250 $ CAD
Prix par AC 7 837 222,02 $ CAD
Taille du lot 1,35 AC

Entitled 1.35-acre mixed-use pad approved for approximately 23,000 sq. ft. of ground-floor retail and 14 second-story apartment/Condo units (~20,000 sq. ft.), delivering dual income streams in a vertical mixed-use format.

Lot 6

Prix 6 771 360 $ CAD
Prix par AC 9 537 126,51 $ CAD
Taille du lot 0,71 AC

Entitled 0.71-acre CUP-approved Car Wash pad, structure sized at 4,060 sq. ft. (120' x 33'), positioned for express or full-service operators on a high-traffic signalized SR-74 corner with strong single-tenant NNN potential.

Description

The Ortega Hwy & Grand Ave development is a 12.54-acre entitled mixed-use master site located at the signalized corner of State Route 74 (Ortega Highway) and Grand Avenue in Lake Elsinore, California. The property represents the southernmost direct commercial gateway between Riverside County and Orange County, with westbound travelers facing approximately 13 miles of undeveloped mountain corridor through the Cleveland National Forest before reaching commercial services on the coastal side. Daily traffic at this node exceeds 50,000 vehicles per day, with elevated weekend volumes generated by hikers, mountain bikers, campers, and coastal-bound families. Within a 5-mile radius, the population surpasses 90,000 residents with a median household income above $70,000, providing a strong local demand base that complements corridor traveler traffic. The integrated master plan blends fuel, food, retail, residential, and service uses in a coordinated fee-simple layout nearing final Tentative Tract Map approval.

Relativement accessible à pied
30/100
Très bien adapté aux voitures
80/100
Transports en commun limités
30/100
Relativement accessible en vélo
30/100

Impôts fonciers

Impôts fonciers

Numéros de lot
Plusieurs
  • 381-320-020
  • 381-320-026
Évaluation du terrain
3 390 804 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
3 390 804 $ CAD
  • ID d’inscription: 40775793

  • Date de mise sur le marché: 2026-06-03

  • Dernière mise à jour:

  • Adresse: Ortega Hwy & Grand Ave, Lake Elsinore, CA 92530

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