32780 Ortega

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32780 Ortega

Lake Elsinore, CA 92530
Asking Price
$299K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The property features 1.32 acres of raw land
  • It is positioned within the city of Lake Elsinore
  • The asking price for the parcel is $299,000
  • Located in a growing Southern California submarket area
  • Suitable for commercial or specialized industrial land development

What's Special

This 1.32-acre land parcel is available for sale at 32780 Ortega in Lake Elsinore, California. Situated within a growing region of the Inland Empire, this site benefits from proximity to regional transit corridors and the expanding residential and commercial base of Riverside County. The geography of this submarket supports diverse development pathways, ranging from ground-up commercial projects to specialized industrial or storage applications that require sufficient outdoor utility space. Investors and developers looking to establish a footprint in this part of Southern California will find the location offers logistical advantages for businesses serving the broader Lake Elsinore community. With its defined footprint, the property provides a functional canvas for future improvements aligned with local development goals. The site is positioned to accommodate various business needs as the area continues to attract new investment and population growth.

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NOI
$80,000
Cap Rate
26.76%
DSCR
4.51
Strong
Cash-on-Cash
69.40%
Monthly Payment
$1,479.289
Annual Cash Flow
$62,248.534

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