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- LoopNet Team
28214 Lilac Rd
Valley Center, CA 92082
Lilac Plaza · Land For Sale
·
6.98 AC

Investment Highlights
- Rare multifamily development opportunity in the heart of the growing Valley Center community
- Highly visible location at Valley Center Rd & Lilac Rd
- Substantial entitlement work complete with about 1 year remaining to approval
- 30 EDUs for wastewater service are included with the purchase
Property Facts
| Property Type | Land | Proposed Use |
Commercial
|
| Property Subtype | Commercial | Total Lot Size | 6.98 AC |
| Zoning | Rural Residential (RR) | ||
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use |
Commercial
|
| Total Lot Size | 6.98 AC |
| Zoning | Rural Residential (RR) |
Description
Seller has submitted an application to the County of San Diego for a mixed use project consisting of multifamily residential, retail and office. The submittal includes a General Plan amendment from the existing Public/Semi Public facilities to Village Residential 10.9 and C-I along with a zone change request from Rural Residential (RR) to C36. This is required since the property was previously owned by the County and reverted to the lowest (RR) zoning after being sold to a private party. The proposed land use designation allows for up to 10.9 dwelling units per acre along with a mix of commercial and retail uses. Based on preliminary conversations with County staff, they are supportive of the proposed changes. After discussions with the community and comments on the submittal from County staff, seller has considered revising the application to a purely multifamily project. A purchaser could pursue completion of the current submittal or redesign a project to their specifications. The below site plan includes 42 apartment units and 5,290 SF of retail. The seller believes an all residential plan may yield a total of 52 apartment units.
Links
Property Taxes
| Parcel Number | 186-230-64 | Improvements Assessment | $0 |
| Land Assessment | $458,193 | Total Assessment | $458,193 |
Property Taxes
Listing ID: 11748631
Date on Market: 2/27/2018
Last Updated:
Address: 28214 Lilac Rd, Valley Center, CA 92082
The Land Property at 28214 Lilac Rd, Valley Center, CA 92082 is no longer being advertised on LoopNet.com. Contact Cushman & Wakefield for information on availability.
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