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29489 3rd St
Lake Elsinore, CA 92532

$1,500,000 USD

Land For Sale  •  1.05 AC

Property Details

  • Property Type Land
  • Lot Size 1.05 AC
  • Year Built 1984
  • Zoning CMU
20 Transit Score
40 Walk Score

Description

Situated on 1.06 acres, this Lake Elsinore property is zoned CMU (Commercial Mixed Use), offering flexibility for residential, commercial, and mixed-use development. The parcel currently includes a manufactured home being sold as-is, with value primarily in the land. CMU zoning permits apartments, townhomes, retail, medical offices, and professional services, while additional uses such as animal hospitals, bars, and day care centers may be approved through a Conditional Use Permit. The property is surrounded by major retailers, including Walmart, Costco, and Home Depot, and is within close proximity to LA Fitness and popular dining options. Easy access to Interstate 15 ensures strong connectivity to the Inland Empire and beyond, making this site a prime candidate for redevelopment.

Highlights

CMU zoning allows for diverse residential and commercial development options.
Located near Walmart, Costco, Home Depot, and other national retailers.
Immediate access to Interstate 15 via Main Street and Central Avenue exits.
Surrounded by established dining, fitness, and service amenities.
Flexible zoning supports live-work units, medical offices, and retail uses.
High-visibility location in a growing Lake Elsinore commercial corridor.

Public Transportation

Commuter RailDriveWalkDistance
Perris Downtown (Metrolink 91-Perris Valley Line - Metrolink Trains) 15 min - 9.5 mi
AirportDriveWalkDistance
Ontario International 44 min - 35.3 mi
Richard Knapp 951-294-1840 Coldwell Banker Realty
Richard Knapp 951-294-1840 Coldwell Banker Realty