Santee, CA 92071 0000 Prospect Ave

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Presented By: AJGCRE, Inc.;
  • MLS# 240000285
  • 01/02/2024
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**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.
Presented By: AJGCRE, Inc.;

General for 0000 Prospect Ave

CropsOther/Remarks
Days on Market20
Highest Best UseAgriculture, Industrial, Recreational
Incorporatedn
Land TypeLots/Land (Unimproved)
Present UseCommercial, Industrial, Recreational, Unimproved, Vacant, Other/Remarks
Price Per Sq Ft23.6
Sale/RentFor Sale
SpecialLand Lease
Tax Area16065
Tax Rate1
TermsCash, Cash to New Loan, Exchange Up, Land Contract, Lease Option, Owner May Carry 1st, Owner May Carry 2nd, Submit
TopographyLevel
Type of LandIndustrial
Yearly Taxes16065
ZoningR-1:SINGLE

Exterior for 0000 Prospect Ave

Land Leasey
Lot Dimensions135 x 252
Lot Size Area.5 through .75 Acres

Additional Details

Price History

1527188455

First Team Client Services

Price $625,046
MLS#240000285
List Date 01/02/2024
Property Type Land
Phone 714.964.3311
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