Signalized Corner Ortega/Grand 12.54 acres CUP/TTM approved
CUP approved for Gas, QSR, Car Wash, C-Store, TTM Aprvd for Retail/74 Condos, 2 Drive through QSR
Marketing description
Superb location on the highly traveled, southernmost artery from Temecula Valley to South Orange County. APN # 's 381-320-026 & 381-320-020 total of 12.54 acres on the signalized Corner of Ortega & Grand in Lake Elsinore, California. The land is fee simple and is nearing final tentative tract map approval for 6 lots:
1. Gas Station/ConvenienceStore/Office (6,480 sq. ft.) Space on 2nd story (approx.1,4300 sq. ft.)/QSR (approx. 1,912 sq. ft.) CUP Approved
2. Restaurant Pad with drive through 2,400 sq. ft., Approved TTM
3. Restaurant Pad with drive through 2,400 sq. ft., Approved TTM
4. Pad for 60 Condos (5 buildings - 93,365 total sq. ft. 18,673 sq. ft. - each building), Approved TTM
5. Pad for 23,000 +/- sq. ft. Retail with 14 condos - 2nd story (approx. 20,000 sq. ft.), Approved TTM
6. Car Wash Pad . Approved CUP
Each of the Lots are for sale individually and together for a bulk sale. The price breakdown of each lot individually is as follows:
Property pricing:
Lot 1: Gas Station/Convenience Store/Office Space/QSR Pad: $6,200,000
Lot 2: Restaurant Pad with drive through: $1,4900,000
Lot 3: Restaurant Pad with drive through $1,490,000
Lot 4: Condos Pad: $12,500,000
Lot 5: Retail/Apartments Pad: $7,500,000
Lot 6: Car Wash Pad: $4,800,000
Total: $33,980,000
Investment highlights
- Superb location on the highly traveled, southernmost artery from Temecula Valley to South Orange County. APN # 's 381-320-026 & 381-320-020 total of 12.54 acres on the signalized Corner of Ortega & Grand in Lake Elsinore, California. The land is fee simple and is nearing final tentative tract map approval for 6 lots:
- 1. Gas Station/ConvenienceStore/Office (6,480 sq. ft.) Space on 2nd story (approx.1,4300 sq. ft.)/QSR (approx. 1,912 sq. ft.) CUP Approved
- 2. Restaurant Pad with drive through 2,400 sq. ft., Approved TTM
- 3. Restaurant Pad with drive through 2,400 sq. ft., Approved TTM
- 4. Pad for 60 Condos (5 buildings - 93,365 total sq. ft. 18,673 sq. ft. - each building), Approved TTM
- 5. Pad for 23,000 +/- sq. ft. Retail with 14 condos - 2nd story (approx. 20,000 sq. ft.), Approved TTM
- 6. Car Wash Pad . Approved CUP
- Each of the Lots are for sale individually and together for a bulk sale. The price breakdown of each lot individually is as follows:
Property pricing:
- Lot 1: Gas Station/Convenience Store/Office Space/QSR Pad: $6,200,000
- Lot 2: Restaurant Pad with drive through: $1,4900,000
- Lot 3: Restaurant Pad with drive through $1,490,000
- Lot 4: Condos Pad: $12,500,000
- Lot 5: Retail/Apartments Pad: $7,500,000
- Lot 6: Car Wash Pad: $4,800,000
- Total: $33,980,000
Listing Contacts
Valuation Calculator
Valuation Metrics
Broker Selected Comps View More Comps
Property History
Similar Properties
Additional Information
Is there information that looks off?
