Terrific 1 acre commercial lot, C-2 zoned, flat, 100` frontage, 380` deep, 38,771 sq ft. Located in Alberhill General plan with only 2.43% of 4200 acres zoned general commercial make this prime investment property. Lake Street is a major artery into Lake Elsinore. Last traffic count in 2005 was 13,500. Property is located 600` from signaled Lake and Mountain Intersection. Lake Elsinore is the fastest growing city in the County. Minutes from recreational areas and Southern California`s largest lake, Lake Elsinore. Across Lake Street is the residential community known as Alberhill Ranch, a new unique master planned neighborhood surrounded by an abundance of parks, recreational amenities and excellent schools which at build-out will have 965 spacious single family homes with three neighborhoods. Lot next door is also available.
Lake is only northern major artery from the I15 freeway. Located within the Alberhill General Plan. Only 2.43% of the nearly 4,240 acres is zoned general commercial. Over 800 new homes are planned for the nearby area. C-2 zoning includes all the uses within the C-1 and C-O commercial district.
† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
located at 7 Lake Street, Lake Elsinore, CA
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