Lakeshore

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Lakeshore

Lake Elsinore, CA 92530
Asking Price
$350K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • Parcel covers 5.3 acres of land available for purchase
  • Asset is currently listed for sale at $350,000
  • Property is situated in the city of Lake Elsinore
  • Site offers flexible development potential for diverse land uses
  • Located within an expanding suburban market in Riverside County

What's Special

This 5.3-acre parcel of land sits in Lake Elsinore, California, providing a versatile footprint for future development. The site is situated within a growing suburban market in the Riverside County region, an area characterized by its accessibility to major transportation corridors and proximity to expanding residential communities. Given the generous acreage, this property serves as a blank canvas suitable for various development projects, including potential residential site planning or specialized land use ventures compatible with local regulations. Investors and developers will find this property positioned within an evolving landscape that continues to see interest due to its regional connectivity and ongoing population growth. The significant land area allows for flexible site configuration, accommodating a range of project scales tailored to the needs of the surrounding market.

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NOI
$80,000
Cap Rate
22.86%
DSCR
3.85
Strong
Cash-on-Cash
56.40%
Monthly Payment
$1,731.609
Annual Cash Flow
$59,220.692

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