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Development Opportunity + 13.03 Gross Acres Commercial Mixed Use Land in Wildomar COMMERCIAL MEDICAL /OFFICE / RETAIL 1 RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

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Page 1: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

Development Opportunity + 13.03 Gross AcresCommerc i a l M i xed Use Land i n W i l doma r

COMMERCIALMEDICAL /OFFICE / RETAIL

1RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

Page 2: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

LOCATION

E X E C U T I V E S U M M A RY

THE RANCON GROUP is pleased to offer a unique opportunity to purchase

±29.41 acres for industrial, office and commercial development. The property

is located in the City of Wildomar, California. The total site ±13.03 Gross Acres

and ±9.67 Net Acres is zoned I-P (Industrial Park), office, retail, commercial

uses permitted. Parcels 1, 2 & 3 are conditional approved for the development

of 96,240 sf comprised of 73,840 sf of medical/office space and 22,400 sf

commercial rental space. The property is directly across the street from the

planned 80 acre Mt. San Jacinto Wildomar Community College Campus.

• Underground Utilities are to the Property Boundary

• Flat/ Gently Rolling Topography

• General Plan is a Business Park

• Water/Sewer Elsinore Valley Municipal District

• A portion of APN# 380-250-022

ZONING:

• I-P (Industrial Park) Office, Retail, Commercial Uses Permitted

Located in The City of Wildomar Designated ‘Job Growth’ Area Allowing This Site to Benefit From Surrounding Businesses.

The property offers superior access to the major freeways servicing Southern California, only 1/2 a mile to Interstate 15 and 5 miles to Interstate 215. Directly across from

Planned ±78.3 Acre / ±495,000 SF Mt. San Jacinto College (MSJC)- Wildomar Campus. Close to major healthcare facilities (Inland Valley Regional Hospital & Kaiser

Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as Southern California’s Wine

Country. The population almost doubled from 2000, to 256,867 in 2017, more rapidly than the rest of the Inland Empire and is projected to continue to do so, with a 1.2%

annual growth rate through 2022. Just under 70% of the population has some higher education, pushing the average household income to $101,208, and projected to

increase to $115,163 by 2022.

Wildomar comprises ±24 square miles in Riverside County. It was incorporated on July 1, 2008, making it one of the states newest municipalities. It has grown rapidly from

a population of less than 20,000 in 2000 to an estimated 36,328 (in 2017) and is projected to grow 1.36% annually through 2022. There is a future proposed traffic signal at

Clinton Keith & Elizabeth and ±663 feet of frontage on Clinton Keith and ±1,274 feet frontage on Elizabeth.

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INDUSTRIAL PORTION CAN BE SOLD SEPARATLEYI

RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

Page 3: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

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S O U T HS U R R O U N D I N G A R E A

RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

• Roll Over Parcel for Architectural Rendering

Page 4: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

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N O R T HS U R R O U N D I N G A R E A

RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

Page 5: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

D E V E L O P M E N TI N T H E A R E A

5RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

Page 6: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

S I T E P L A N SR E N D E R I N G S

5RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

Page 7: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

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Source: CoStar

2019 Household Income 3 Mile 5 Mile 10 Mile

26,470 47,816 140,687

Income < $25,000 3,319 5,548 18,333

$25,000 - $50,000 4,499 8,567 26,573

$50,000 - $75,000 4,447 8,567 23,716

$75,000 - $100,000 4,159 8,042 23,089

$100,000 - $125,000 2,713 5,311 15,265

$125,000 - $150,000 2,663 4,078 12,198

$150,000- $200,000 2,607 4,137 12,150

$200,000+ 2,063 3,449 9,363

Households 3 Mile 5 Mile 10 Mile

2024 Projection 28,179 51,055 150,737

2019 Estimate 26,469 47,814 140,689

2010 Census 23,067 40,787 117,075

Growth 2019 - 2024 6.46% 6.78% 7.14%

Growth 2010 - 2019 14.75% 17.23% 20.17%

Population 3 Mile 5 Mile 10 Mile

2024 Projection 87,324 161,821 473,487

2019 Estimate 81,916 151,344 440,909

2010 Census 71,187 128,752 104,190

Growth 2019 - 2024 6.60% 6.92% 7.39%

Growth 2010 - 2019 15.07% 17.55% 21.34%

Household Income 3 Mile 5 Mile 10 Mile

2019 Average $99,062 $95,992 $93,643

2019 Medium $80,830 $78,447 $76,864

Traffic Count Report

Street Average Daily Volume

Clinton Keith Road 27,000 ADT

I-15 162,000 ADT

I-215 114,000 ADT

2019 Male Age 3 Mile 5 Mile 10 Mile

Median Age 35.10 34.40 34.70

Average Age 36.50 35.70 35.90

M A R K E TD E M O G R A P H I C S

RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

2019 Female Age 3 Mile 5 Mile 10 Mile

Median Age 38.50 37.00 34.70

Average Age 38.50 37.50 37.80

Page 8: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

I N F O R M AT I O N

GENERAL DISCLOSUREThis document has been prepared for advertising and general information. Some of this general information on this document has been provided by a third party other than Rancon Group,

Inc. It is subject to change without notice. Rancon Group, Inc. makes no guarantees, representation or warranties of any kind, expressed or implied, regarding the information including, but

not limited to, warranties of content, accuracy and reliability. Any interested party should undertake their own inquiries as to the accuracy of the information. Rancon Real Estate excludes

unequivocally all inferred or implied terms, conditions and warranties arising out of this document and excludes all liability for loss and damages arising there from.

C O N TA C T

p.

e.

JIM LYTLE P R E S I D E N T

Mr. Lytle joined Rancon Real Estate in 2000

as an agent, and then was appointed to the

Rancon Group Builder Developer Team where

he is still active. As a member of this elite team

of agents and brokers, Mr. Lytle participates

in land acquisition, entitlement, infrastructure

improvements and more for Rancon holdings

in Southwest Riverside County. He is actively

involved in the sales negotiations of major

projects throughout the area.

(951) 200 2344

[email protected]

DRE# 01310987

MIKE O’DONNELL S E N I O R L A N D A N A LY S T

Mr. O’Donnell is involved with multiple

disciplines within the Rancon organization.

He plays a key role in the marketing and sales

activities for the Rancon Builder Developer

Division of Rancon Real Estate; primarily

through the sale of lots to home builders. He

also manages the gathering and analysis

of due diligence materials on both the

acquisition and disposition phase of

residential and commercial project

development.

p.

e.

(951) 200 2369

[email protected]

DRE# 01142511

7RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA

Page 9: COMMERCIAL Development Opportunity...Permanente) and adjacent retail / commercial shopping center. Wildomar is in the Temecula Valley (Wildomar, Temecula & Murrieta), also known as

RANCON GROUP, HEADQUARTERS41391 Kalmia Street | Suite 200 | Murrieta, CA 92562

O (951) 696 0600 | F (951) 200 2369

www.RanconGroup.com

Rancon Real estate coRpoRation

www.rancon.com • DRE Lic. #00906060

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C O M PA N Y

RMEC ± 13.03 ACRES - CLINTON KEITH ROAD & ELIZABETH LANE, WILDOMAR CA