$625,046
0000 Prospect Ave Santee, CA 92071
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$625,046
Est. payment /mo
UPDATED:
01/30/2024 04:35 PM
Key Details
Property Type Commercial
Sub Type Com-Lnd/Rn/Grv
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240000285
HOA Fees $1,024,993
HOA Y/N Yes
Acres 0.61
Lot Dimensions 135 x 252
Property Description
**Prime Commercial Land Opportunity in San Diego County** Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development. The FAA has a preliminary approval approved for storage/equipment parking use on these vacant lots, totaling 1.34 acres. **Key Features:** - Parcel 1 (APN 384-410-76-00): 31,798 sq. ft. - Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft. - FAA Preliminary Approval for Storage Use - Gillespie Field Overlay Zone - Light Industrial Zoning - Triple Net Lease Option: $8,500 for both parcels - Individual Parcel Lease Rates: $3,719 (Parcel 1) and $4,451 (Parcel 2) - Convenient Ingress and Egress on West Side (East May be Availble) **Additional Information:** - The adjacent parcel, grandfathered for two single-family residences, may be available for sale. Call the Agent for details and/or to submit an offer. - Located in the Gillespie Field Compatibility Zone, ensuring strategic development. - Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights. **Sales Details:** - Total Sales Price: $1,395,000 - Acreage: 1.34 acres (58,369 sq. ft.) **Important Notes:** - No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property. - Verify all information with the FAA, the County of San Diego, and the city of Santee for approvals.
Location
State CA
County San Diego
Area Santee (92071)
Zoning R-1:SINGLE
Building
Lot Size Range .5 through .75 Acres
Others
Monthly Total Fees $1
Acceptable Financing Cash, Cash to New Loan, Exchange Up, Land Contract, Lease Option, Owner May Carry 1st, Owner May Carry 2nd, Submit
Listing Terms Cash, Cash to New Loan, Exchange Up, Land Contract, Lease Option, Owner May Carry 1st, Owner May Carry 2nd, Submit
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Listed by AJ George • AJGCRE, Inc.
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