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28365 Hwy 74 Lake Elsinore, CA, 92530
$10,000,000 $2,000,000 Commercial for sale Mixed Use
Over 40 acres of Industrial / Commercial land for sale on Highway 74 . Fantastic opportunity to own approximately 1550 feet of street frontage where approximately 42,000 cars travel daily! Currently 9 lots being split into 6 lots. One lot has a home. Sewer line being developed across Highway 74 directly in front of property for future development through entire corridor. Ideal for Winery , Apartments, Retail or Commercial development . Storages next store sold for 30 million. Great opportunity for over 40 acres! All offers considered
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Property details
1,870 sqft interior area
Land area
1,742,400 sqft (40.00 acres)
Days on Verhouse
240
Address
28365 Hwy 74, Lake Elsinore, CA, 92530
City of California
Lake Elsinore
County
Riverside
Previous price
$12,000,000
District
Listing
Nearby major retailers
Costco
Lowe's
Albertsons
Aldi
Wholesale: 1
Do it yourself: 1
Supermarket: 2
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Listed by
Joanne Ballinger, Ballinger Real Estate
Name
Joanne Ballinger
License number
01946088
Brokerage company
Ballinger Real Estate
MLS #
CRJT23172364
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Calculate your monthly payments
Mortgage
$30,703
Taxes
$0
HOA dues
$0
Mortgage
$2,000,000 / 20%
2.28%
30 years
Your amount
$30,703 / month
Lot details
TMK #347110072
Parcel nr.
347110072
92530 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
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no data
Bus stop
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no data
Supermarket
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no data
Costco
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no data
Hospital
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no data
Park
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no data
Beach
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no data
Elementary school
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no data
Middle school
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no data
High school
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no data
Local airport
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no data
People living in 92530
52%
Families with children
National average: 39%
21%
Non family households
79,974
Population
$80,358
Average Income
Age & gender
Median age 30 years
More info
Commute types
90% commute by car
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Education level
34% have high school education
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Number of employees
13% work in education and healthcare
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Vehicles available
40% have 3 or more
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Vehicles by gender
40% have 3 or more
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Housing market insights for
$352.81k
Neighborhood average
sales price*
sales price*
$404.5k
Neighborhood median
sales price*
sales price*
273
Number
of sales*
of sales*
Housing type
73% are single detacheds
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Rooms
36% of the houses have 4 or 5 rooms
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Bedrooms
58% have 2 or 3 bedrooms
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Owners vs Renters
57% are owners
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13 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Price history
Price Decrease Apr 30, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| Apr 30, 2024 | Price Decrease | $10,000,000 -16.67% | 0 | MLS #CRJT23172364 |
| Jan 28, 2024 | Price Decrease | $12,000,000 -23.99% | 0 | MLS #CRJT23172364 |
| Jan 27, 2024 | Price Decrease | $15,788,000 -0.08% | 0 | MLS #CRJT23172364 |
| Sep 20, 2023 | New Listing | $15,800,000 | 0 | MLS #CRJT23172364 |
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Frequently Asked Questions about 28365 Hwy 74
What is 28365 Hwy 74?
28365 Hwy 74 is a Commercial/Industrial propertywith 1,870 sqft interior space.
What is the rental income?
-
What is the full address of this Commercial?
28365 Hwy 74, Lake Elsinore, CA, 92530.
What comparable properties are nearby?
Comparable nearby commercial properties include 16465 Joy St, Dexter, 31760 Casino Dr, 26110 Byers Rd, Jackson Ave, 41920 6th St.
Based on information from the bridgeMLS as of 05-16-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: Apr 30, 2024
Verhouse Last checked 5 minutes ago
The closest grocery stores are Lake Elsinore Market, 1.3 miles away and Albertsons, 1.56 miles away.
The 92530 zip area has a population of 79,974, and 52% of the families have children. The median age is 30.62 years and 90% commute by car. The most popular housing type is "single detached" and 57% is owner.
