Lake Elsinore CA – Lee & Associates, a nationwide leader in commercial real estate services, announces the sale of approximately 118 acres in Lake Elsinore CA for $1,200,000.  The property is located east of Greenwalk Ave. & Central Ave. and is part of the Meadowbrook Specific Plan.  The specific plan allows for 364 4,000 – 8,000 SF residential lots however the site is unentitled.

The site was sold by Lake Elsinore Holding Co. LLC, an entity of Shopoff Realty Investments, to Muslim Mortuary and Cemetery Committee.  The buyer intends to develop the site for a mortuary and cemetery.

The Lee Land Team is one of Southern California’s pre-eminent land brokerage teams. Based in the city of Carlsbad in North San Diego County, our sales and listings have included master planned communities, improved subdivisions, coastal redevelopment sites, residential and commercial infill sites, entitled and unentitled land, mitigation land, agricultural properties, REOs and short sales and long term ground leases.