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28365 Highway 74, Lake Elsinore, CA 92532
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28365 Highway 74 Lake Elsinore, CA 92532

$10,000,000
  • -- Beds
  • -- Baths
  • 1,870 Sq.Ft.
For Sale
$10,000,000 Get Pre-Qualified
Map preview of 28365 Highway 74, Lake Elsinore, CA 92532

Property Overview: 28365 Highway 74 Lake Elsinore, CA has -- bedrooms, -- bathrooms, 1,870 living square feet and 1,742,400 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Over 40 acres of Industrial / Commercial land for sale on Highway 74 . Fantastic opportunity to own approximately 1550 feet of street frontage where approximately 42,000 cars travel daily! Currently 9 lots being split into 6 lots. One lot has a home. Sewer line being developed across Highway 74 directly in front of property for future development through entire corridor. Ideal for Winery , Apartments, Retail or Commercial development . Storages next store sold for 30 million. Great opportunity for over 40 acres! All offers considered

Listed by Joanne Ballinger | BRE #01946088 | Ballinger Real Estate
Last checked: 1 minute ago | Last updated: April 30th, 2024 | Source CRMLS | DOM: 249
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Home details

Lot Sq. Ft
1,742,400
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
JT23172364
City
Lake Elsinore
County
Riverside
Time on Site
255 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 28365 Highway 74

Interior Features
Laundry Information
  • See Remarks
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 347110072
  • Entry Level: 1
  • Has Additional Parcels
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Highway 215, Exit D Street, right on W. San Jacinto Ave, Left on S. C St., Right on Highway 74 (W. Fourth St.), 7.6 miles on your right.
View more facts & features

Local Lake Elsinore Agent

Sale History for 28365 Highway 74

Last sold on April 20th, 2001

  • September, 2023

  • Sep 20, 2023

    Date

    Active

    CRMLS: JT23172364

    $15,800,000

    Price

  • April, 2001

  • Apr 20, 2001

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 28365 Highway 74

Assessed Value (2020): $103,437
Year Land Value Improved Value Assessed Value
2020 $79,950 $23,487 $103,437

Home Value Compared to the Market

This property vs the competition

28365 Highway 74 is listed 1526.28% higher than the median list price for the city of Lake Elsinore which has a median list price of $614,900. The median price per/sqft for Lake Elsinore is $296 and this home is listed at $5347.59 per/sqft which puts the price per square foot 1706.62% higher than the median price per square foot for the city of Lake Elsinore.

About 28365 Highway 74

Detailed summary of property

28365 Highway 74 is a mixed use located in Lake Elsinore, CA 92532 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 1,870 living square feet, and sits on an approximately 1,742,400 square foot lot. 28365 Highway 74 was first listed on ArdentRealEstateGroup.com on September 20, 2023. The homeowner is currently asking $10,000,000 and was originally asking $15,800,000. The median priced home in Lake Elsinore is $614,900 with a median price per square foot of $296. Based on Ardent Real Estate Group's Lake Elsinore Market Data, this home is listed 1526.28% higher than the median priced home. Local competing homes currently for sale include 1153 Santee St, 161 E Jefferson Blvd and 2829 Hyperion Ave. While the average home in Lake Elsinore, CA is selling in 57 days, 28365 Highway 74 has a days on market of 249 days. There are currently 270 homes for sale in the Lake Elsinore real estate market and 258 of them are single family homes while 8 of them are condos and 4 are townhomes. For more information on this home for sale at 28365 Highway 74 Lake Elsinore, CA 92532 contact Ardent Real Estate Group and we will put you in touch with one of our Lake Elsinore agents.

Public Facts for 28365 Highway 74

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
1,072,011
Stories
--
Type
Agricultural / Rural (General)
Pool
No
Spa
No
County
Riverside
Lot#
--
APN
347-110-072

The source for these homes facts are from public records.

92532 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$645,990
Median List Price/Sq.Ft.
$273
Median Sold Price
$627,900
Median Sold Price/Sq.Ft.
$273
Total Inventory
110
Median Sale to List Price %
100.46%
Avg Days on Market
27
Loan Type
Conventional (41.18%), FHA (26.47%), VA (11.76%), Cash (11.76%), Other (5.88%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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