Santee, CA 92071 10340 Prospect

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Presented By: AJGCRE, Inc.;
  • MLS# 240000817
  • 01/10/2024
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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 10340 Prospect

CropsPasture, None
Days on Market20
Highest Best UseIndustrial
IncorporatedY
Present UseCommercial, Industrial, Unimproved, Vacant
Price Per Sq Ft23.6
Sale/RentFor Sale
Tax Area16065
Tax Rate1
Type of LandIL- Vacant
Yearly Taxes16560
ZoningR-1:SINGLE

Exterior for 10340 Prospect

Lot Dimensions268 X 234

Additional Details

Price History

1527188455

First Team Client Services

Price $1,395,000
MLS#240000817
List Date 01/10/2024
Property Type Land
Phone 714.964.3311
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