511 Madison Avenue Ave - El Cajon Development Opportunity 3.09 Acres of Commercial Land Offered at $6,900,000 in El Cajon, CA 92021

Rare ±3.09-Acre Development Opportunity in El Cajon Athir Markos of Coldwell Banker Commercial is pleased to present an exceptional opportunity to acquire approximately ±3.09 acres (134,600 SF) of mostly flat infill development land in the heart of El Cajon, near the highly desirable Granite Hills area. The property offers high-density commercial and residential development potential, with multifamily and mixed-use development allowed by right. With approximately 40 dwelling units per acre permitted, subject to final site design and buyer verification with the City of El Cajon, the site provides developers and investors with tremendous flexibility. Potential development concepts include apartments, townhomes, condominiums, senior housing, affordable housing, mixed-use development, retail, office, medical uses, hotel, self-storage, or a combination of uses. The property features mostly flat and usable topography, strong road frontage, approximately four points of ingress and egress, nearby signalized intersections, and potential subdivision opportunities. Water, sewer, electricity, natural gas, internet/fiber and fire hydrants are available nearby. Ideally positioned between Oakdale Avenue and East Madison Avenue, the property provides convenient access to Interstate 8, Highway 67, Downtown El Cajon, shopping, schools, medical facilities and major employment centers. Opportunities combining more than three acres of infill land, high-density development potential, mixed-use flexibility and a central San Diego County location are increasingly difficult to find. All zoning, density, permitted uses, unit counts, utilities, subdivision potential, development standards and other property information should be independently verified by the buyer with the City of El Cajon and applicable agencies.