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At Lake Elsinore Introduction INDUSTRIAL LAND OPPORTUNITY 300 GROSS ACRES 110 NET ACRES at Lake Elsinore Introduction Alberhill Alberhill Alberhill Grand Avenue Village Ridge Coldwell Banker Commercial So Cal Group has been exclusively retained by ownershipEstates to market this 300 gross acre development opportunity with 110 net acres in Lake Elsinore, California.Alberhill The property is conveniently located on Mission Ranch Terra Cotta Trail with immediate access to the I-15 Street freeway allowingLakeshore two turns Drive per day to the PortVillage of Long Beach. The site is part of Riverside Drive the Lake Elsinore Specific Plan Overlay,Lake offering a rare opportunity for developers and investors to develop an industrial business park. CANYON LAKE Lakeshore Drive LAKE ELSINORE Mission Trail Cereal Street PROPERTY OVERVIEW PROPERTY Bundy Canyon Road Corydon Road n Railroad Canyo E L akesh ore Drive Mission The Links at Summerly T rail Cereal Street Grand Lemon Street Avenue Waite Street Bundy Canyon Corydon Road Industrial Land | Lake Elsinore | California | 92530 3 1 2 3 4 PROPERTY OVERVIEW PROPERTY 5 6 7 Property Description Project Location Lake Elsinore, California Size 300 Gross Acres / 110 Net Acres Specific Plan East Lake Specific Plan Condition Vacant, partially improved land Assessor’s Parcel No. 1. 365-030-043 - 9.90 Acres 2. 370-030-012 - 93.13 Acres 3. 370-030-006 - 67.61 Acres 4. 370-030-004 - 12.39 Acres 5. 370-070-001 - 38.18 Acres 6. 370-070-006 - 40.00 Acres 7. 370-120-001 - 38.18 Acres Pricing $14,000,000 Price/Acre Gross $46,666.67 Price/Acre Net $127,272.73 PSF Gross $1.07 PSF Net $2.92 Zoning Light Industrial Overlay- 2017 Eastlake Specific Plan Boundary 9 Mission Trail 7 1 6 5 Corydon Road Bundy Canyon Road 2 PROPERTY OVERVIEW PROPERTY Grand Avenue Palomar Street 3 4 Mission Trail Business & Industry 1 Lakeland Village 4 William Collier Elementary 7 Aerofoam Industries 2 Elsinore Distribution 5 Skydive Elsinore 8 Wildomar Storage & RV 3 Small Strip Center 6 Lakeside Storage 9 Shopping Center Grocery & Shopping 8 Corydon Road Bundy Canyon Road Gas Stations & Convenience Grand Avenue Palomar Street Restaurants & Fast Food Industrial Land | Lake Elsinore | California | 92530 7 PROPERTY OVERVIEW PROPERTY To Los Angeles/Orange County 2 Railroa Lakeshore Drive d Canyon Road 3 Mission 1 T 4 rail 5 6 d a o R n o d y r o C Bundy Canyon Road 7 Business & Industry d a o R n o d y r o C Bundy Canyo n R oad T o San D iego 1 2 The Shores at East Lake 3 Highway 74 / Central Avenue Business Park Corridor Lake Elsinore Storm Baseball 4 Industrial Land | Lake Elsinore | California | 92530 5 Links at Summerly 6 Summerly 7 Corydon Business Park New Residential Development 9 PROPERTY OVERVIEW PROPERTY Included, but dirt not needed for initial rough grade Lake Elsinore is part of the East Lake Specific Plan allowing for light industrial totaling 300 acres with a 110 acre industrial building pad. Industrial Land | Lake Elsinore | California | 92530 11 EASEMENT 10' 40' EASEMENT10' 40' FUTURE ROAD MISSION TRAIL 40' WATER INLET 26' TYP. FUTURE ROAD TO MISSION TRAIL 44' 40' 40' OFFICE OFFICE 60' 75' 60' 120' 60' SITE PLAN 75' 40' 26' TYP. 38' 40' OFFICE 40' BLDG 2 EXISTING FOOTPRINT: 999,840 SF FLOOD CHANNEL 1712' CLR. HGT: 36' BLDG 1 1156' FOOTPRINT: 672,806 SF CLR. HGT: 36' 40' 120' 135' 135' 135' 135' 60' 60' 75' 60' 60' 75' 60' 60' 75' 60' 60' 75' 60' 56' TYP 54' TYP. 570' 570' OFFICE OFFICE OFFICE 690' 690' OFFICE 44' 38' BASIN 40' 40' 40' 40' FUTURE DETENTION 26' 26' TYP. TYP. 30' 30' 30' This conceptual design is based upon a preliminary review of 1" =100 entitlement requirements and on unverified and possibly incomplete site and/or building information, and is intended merely to assist in exploring how the project might be developed. CEREAL ST. 0 50 100 200 500 NORTH scheme: 3 Conceptual Site Plan SHEET Cereal St. IRV18-0171-00 Lake Elsinore, California 09.27.2018 1 EASEMENT 10' 40' EASEMENT10' 40' FUTURE ROAD MISSION TRAIL 40' WATER INLET 26' TYP. FUTURE ROAD TO MISSION TRAIL 44' 40' 40' OFFICE OFFICE 60' 75' 60' 120' 60' 75' 40' 26' TYP. 38' 40' OFFICE 40' BLDG 2 EXISTING FOOTPRINT: 999,840 SF FLOOD CHANNEL 1712' CLR. HGT: 36' BLDG 1 1156' FOOTPRINT: 672,806 SF CLR. HGT: 36' 40' 120' 135' 135' 135' 135' 60' 60' 75' 60' 60' 75' 60' 60' 75' 60' 60' 75' 60' 56' TYP 54' TYP. 570' 570' OFFICE OFFICE OFFICE 690' 690' OFFICE 44' 38' BASIN 40' 40' 40' 40' FUTURE DETENTION 26' 26' TYP. TYP. 30' 30' 30' This conceptual design is based upon a preliminary review of 1" =100 entitlement requirements and on unverified and possibly incomplete site and/or building information, and is intended merely to assist in exploring how the project might be developed. CEREAL ST. 0 50 100 200 500 NORTH scheme: 3 Conceptual Site Plan SHEET Cereal St. IRV18-0171-00 Lake Elsinore, California 09.27.2018 1 Industrial Land | Lake Elsinore | California | 92530 13 SITE PHOTOS Industrial Land | Lake Elsinore | California | 92530 15 Riverside Corona 20 Minute Drive Perris Irvine Lake Elsinore LOCATION OVERVIEW LOCATION Mission Viejo ORANE CONT San Juan Capistrano 60 Minute Drive Temecula 25 Minute PACIFIC OCEAN Drive Riverside Corona 20 Minute Drive Perris Irvine Lake Elsinore Mission Viejo ORANE CONT San Juan Capistrano 60 Minute Drive Temecula 25 Minute PACIFIC OCEAN Drive Industrial Land | Lake Elsinore | California | 92530 17 Inland Empire The largest region of Southern California, the Inland Empire, region. The Inland Empire market continues to be one of comprised of both Riverside and San Bernardino Counties, the largest and most dynamic areas in the country, with is one of the most significant economies in the United diminishing land supply as well as steady absorption and States. It has been rated in the top tier for various measures demand, the area is poised for continued success. The area of growth from population and job creation to construction benefits from its infrastructure and the growing population and office space absorption over the last decade. It is who would prefer to live and work in the same community. generally considered to be the area between the southern There are many factors that continue to contribute to the coastal areas of Orange County, Los Angeles, and the Palm sustained economic growth of the Inland Empire. These Springs CA, and other desert cities. Inland Empire contains include: over 50 cities, including Riverside, San Bernardino, Rancho Cucamonga, Ontario and Temecula’s Wine Country to the • The Inland Empire offers a strategic West Coast location, south. vast amounts of available land for future growth, a The U.S. Census Bureau-defined Riverside-San Bernardino- highly-skilled and educated work force, a sophisticated Ontario metropolitan area covers more than 27,000 square transportation infrastructure, and access to 27 colleges miles (70,000 km2) and has a population of approximately and universities, including seven research institutions. 4 million.[3] Most of the area’s population is located in The area features a changing economic landscape with southwestern San Bernardino County and northwestern emerging technological productivity, and employs an Riverside County. At the end of the 19th century, the Inland excess of 1 million people. The Inland Empire is also one LOCATION OVERVIEW LOCATION Empire was a major center of agriculture, including citrus, of America’s most unique regions, featuring impeccable dairy, and wine-making. Agriculture declined through the 20th mountains, lakes, deserts, and ample recreation and century, and since the 1970s a rapidly growing population, sporting activities, all within an hour’s drive to the shores fed by families migrating in search of affordable housing, of the Pacific Ocean. has led to more residential, industrial, and commercial • Each year, millions visit the county to take advantage of development. the glorious desert winter, attend the Riverside County The Inland Empire is poised for extreme growth. The Inland Fair and National Date Festival, the Balloon and Wine Empire has added over half a million people in the past Festival, the Palm Springs International Film Festival, the five years bringing the current population to 4.4 million. The Coachella and Stagecoach mega-concerts, the Paribas Southern California work force has been migrating to the Open at the Indian Wells Tennis Center and the Humana Inland Empire for reasons such as affordable land, excellent Challenge, the golf tournament formerly known as the quality of life and relatively lowers housing prices coupled Bob Hope Classic. All those, joined with a rich, cultural with efficient and multiple transportation routes. In fact, the heritage and frontier history, make Riverside County a Riverside-San Bernardino Primary Metropolitan Statistical great place live, work or visit. Area is California’s 2nd and the nation’s 12th most populous Riverside County Riverside County is one of the fastest growing counties in the United Demographics States, leading the rapidly changing Inland Empire market, with rivers, mountain peaks, deserts and fertile valleys, Riverside County offers Census 2010 Summary diversity that few locations can match. More than two million people Population 2,189,641 Households 686,260 live in Riverside County, making it the fourth most populous county in Median Age 33.7 California, taking advantage of affordable housing, nearby beaches, 2015 Summary mountains, hiking and bike trails, the Wine Country near Temecula Population 2,302,403 and resorts that offer oases in the desert. Riverside County covers Households 716,787 7,208 square miles in Southern California. Together, Riverside and Median Age 34.2 San Bernardino Counties have been dubbed the Inland Empire.
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