0 Grande Ave, Lake Elsinore, California 92530

This offering is a land bank opportunity consisting of two (2) contiguous parcels with a combine lot square footage of (546, 678+/- sq.ft.); 12.55+/- acres of flat, developable land with 1, 428 Feet of Street Frontage on Grand/Ortega Hwy 74. The Subject Property is zoned with Commercial Mixed Use (CMU) with density of (7 18 du/ac); 0.80: 1 FAR; Commercial 50% net lot area of commercial mix uses. Commercial development that includes commuter oriented retail would be ideal to services the local residents. Major off site Improvement to be installed first, before allowing land developers and builders to propose and build out site. The Subject Property is currently unentitled and will require a land owner and/or land developer to apply for a Specific Plan and work out a deal with the city.