$2,490,000

The subject property is a ±3.36 acre development site located on Canyon Estates Drive in the city of Lake Elsinore, CA. This site benefits from excellent freeway visibility as it is located directly adjacent to the I-15 freeway with ±396' of frontage along the freeway. The site is composed of one parcel of land with APN #363-550-013 and the site is generally level/rectangular in shape with moderately sloping edges. Zoning on the site is C-1/SP Canyon Creek, and more specifically the Canyon Creek "Summerhill" Specific Plan. The C-1/SP zoning district is designed for areas appropriate for commercial development that will be harmonious with the character of an office environment and provide locations for general retail uses which offer the sale of goods and services to the general public and which, through characteristics of their operation, serve primarily the day-to-day shopping needs of local residents. Allowable land uses for this site include retail, professional and medical office, home improvement centers, health and exercise clubs, restaurants, government building, business colleges, professional schools, daycare centers, and other uses. The property is surrounded by a medical office to the south and a storage facility to the north. This site also benefits from being 1.8 miles to the south of the Lake Elsinore Town Center, which is known for its shopping district and dining choices.