This Land Property is no longer advertised on LoopNet.com.

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
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Multifamily
  • Apartment Units
  • Apartment Units - Senior
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.

Property Taxes

Property Taxes

Parcel Number
186-230-64
Land Assessment
$458,193
Improvements Assessment
$0
Total Assessment
$458,193
  • Listing ID: 11748631

  • Date on Market: 2/27/2018

  • Last Updated:

  • Address: 28214 Lilac Rd, Valley Center, CA 92082

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}