Lot 1 - Gas & QSR Lake Elsinore CA 92530

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Lot 1 - Gas & QSR Lake Elsinore CA 92530

Lake Elsinore, CA 92530
Asking Price
$6.20M
Asset Type
Gas Station Retail
Class
Class B

AI Property Summary

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

  • Retail site available for sale in Lake Elsinore
  • Asset sub-type features a gas station designation
  • Asking price for the property is 6,200,000 dollars
  • Conditional use permit fully approved for development
  • Site plans include convenience store and QSR components

What's Special

This retail development site is available for sale, providing a strategic acquisition for investors or operators targeting the Lake Elsinore submarket. Located in a growing region of Riverside County, this property offers a shovel-ready opportunity with a fully approved conditional use permit already in place for a gas station, convenience store, and quick-service restaurant. The site benefits from its positioning within a region experiencing consistent residential and commercial expansion, making it a viable selection for developers looking to capitalize on high-traffic retail corridors. Given the existing entitlements, the asset is positioned for immediate site preparation and construction to serve the local commuter and resident base. The layout allows for a synergistic mix of automotive services and food retail, catering to the daily needs of the surrounding community while securing a long-term commercial footprint in this evolving Southern California municipality.

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NOI
$80,000
Cap Rate
1.29%
DSCR
0.22
Underwater
Cash-on-Cash
-15.49%
Monthly Payment
$30,674.217
Annual Cash Flow
$-288,090.606

Location & Travel Times