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000 Prospect Ave - SANTEE TWO PARCEL VACANT LAND 1.34 Acres of Commercial Land in Santee, CA 92071

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INVESTMENT HIGHLIGHTS

  • 1.34 Flat Acreage
  • Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft.
  • Light Industrial Zoning
  • Parcel 1 (APN 384-410-76-00): 31,798 sq. ft.
  • Gillespie Field Overlay Zone

EXECUTIVE SUMMARY

**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 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:**
- 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.
For inquiries and details, contact our dedicated agent. Explore this exceptional opportunity to invest in San Diego County's thriving commercial landscape.

DATA ROOM Click Here to Access

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

ANNUAL ANNUAL PER AC
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access

Gross Rental Income
Annual -
Annual Per AC -
Other Income
Annual -
Annual Per AC -
Vacancy Loss
Annual -
Annual Per AC -
Effective Gross Income
Annual -
Annual Per AC -
Net Operating Income
Annual $99,999
Annual Per AC $9.99

PROPERTY FACTS

Sale Type Investment or Owner User
Sale Conditions
1031 Exchange
  • Lease Option
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Industrial
  • Auto Dealership
  • Auto Salvage Facility
  • Baseball Field
  • Garden Center
  • Parking Lot
  • Trailer or Camper Park
  • Winery or Vineyard
Total Lot Size 1.34 AC
Zoning ILS - ILS - Light industrial in Zone one of the FAA runway protection zone. Limited uses apply.

1 LOT AVAILABLE

Lot

Lot Size 1.34 AC

**Prime Commercial Land Opportunity in San Diego County** Discover a rare investment opportunity in San Diego County! We present two commercial parcels, The FAA has a preliminary approval app

  • Listing ID: 30500174

  • Date on Market: 1/2/2024

  • Last Updated:

  • Address: 000 Prospect Ave, Santee, CA 92071

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