$759,952 $4,080 est/mo Sourced by Back At You

0 Prospect Ave,Santee, CA 92071

Santee CA, 92071

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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.

Details

Listing ID240000188SD
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site137
Listing Provided ByAJGCRE, Inc. 858-598-3589 | AJ George

Features

ZoningIL FAA Z1
Acreage0.73

Market Activity 92071

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Diego
CitySantee
Zip Code92071
Area92071 Santee
Listing VS Median (in 92071)
Price:
$759,952
low | high
Med:
$725,000
54.599237846601% of Average
On Site:
137
low | high
Med:
24.000000
100% of Average
Sourced by Back At You
Listing Updated: May 2, 2024 at 12:25:12 AM PDT
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