Flint

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Flint

Lake Elsinore, CA 92530
Asking Price
$230K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The 0.21-acre parcel is listed for sale at $230,000.
  • Located in Lake Elsinore within the Inland Empire region.
  • The site sits at coordinates 33.6734, -117.3188 in Riverside County.
  • Land development offers potential for various residential or commercial uses.
  • The property provides access to major regional transit and infrastructure.

What's Special

Priced at $230,000, this 0.21-acre land parcel sits within the growing community of Lake Elsinore, California. The site provides a strategic footprint for development in a region that has seen consistent residential and commercial expansion over recent years. As an Inland Empire submarket, Lake Elsinore benefits from its proximity to major regional transit corridors and a growing population base. The parcel's size and zoning potential make it a candidate for a small-scale development project, ranging from residential infill to specialized commercial use. Investors and developers familiar with the Riverside County landscape will recognize the long-term utility of securing land in this expanding municipality, which continues to draw interest due to its accessibility and relative affordability compared to coastal hubs. With its clear potential for site-specific improvement, this asset offers a straightforward entry point into the local real estate market for those looking to capitalize on land holdings in a developing suburban environment.

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NOI
$80,000
Cap Rate
34.78%
DSCR
5.86
Strong
Cash-on-Cash
96.15%
Monthly Payment
$1,137.915
Annual Cash Flow
$66,345.026

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