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517 Redlands St 0.68 Acres of Commercial Land Offered at $2,100,000 in Vista, CA 92083
EXECUTIVE SUMMARY
The subject property is located east of North Santa Fe Avenue and south of 517 Redlands Street in Vista, CA. The property consists of four contiguous parcels which are currently unimproved land and parking lots. The property is situated within the Vista Townsite neighborhood. These parcels are zoned for residential mixed-use and are positioned near essential infrastructure, making them suitable for various development opportunities. Their proximity to downtown Vista, local schools, and public transportation enhances their appeal for residential or mixed-use projects. Positioned in a growing submarket with strong demand for housing and services, the property presents an ideal opportunity for developers to create a vibrant community asset with both residential density and complementary commercial uses.
This .68-acre parcel in the heart of Vista is zoned Mixed Use (M-U), offering exceptional flexibility for residential or commercial development. With a zoning allowance of 40 dwelling units per acre, the site has the potential to accommodate up to 27 housing units in a well-designed multifamily or mixed-use project. If 50% Density Bonus is used, there is the potential to build 36 Market Rate units and 6 Affordable units at the site.
This .68-acre parcel in the heart of Vista is zoned Mixed Use (M-U), offering exceptional flexibility for residential or commercial development. With a zoning allowance of 40 dwelling units per acre, the site has the potential to accommodate up to 27 housing units in a well-designed multifamily or mixed-use project. If 50% Density Bonus is used, there is the potential to build 36 Market Rate units and 6 Affordable units at the site.
PROPERTY FACTS
| Price | $2,100,000 | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 0.68 AC |
| Zoning | M-U | ||
| Price | $2,100,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 0.68 AC |
| Zoning | M-U |
1 LOT AVAILABLE
Lot
| Price | $2,100,000 | Lot Size | 0.68 AC |
| Price Per AC | $3,088,235.29 |
| Price | $2,100,000 |
| Price Per AC | $3,088,235.29 |
| Lot Size | 0.68 AC |
• 175-111-08-00 | 7,346 SF • 175-111-09-00 | 7,496 SF • 175-111-10-00 | 7,562 SF • 175-111-11-00 | 7,614 SF
1 1
Walk Score®
Very Walkable (80)
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $162,462 | Total Assessment | $162,462 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$162,462
Improvements Assessment
$0
Total Assessment
$162,462
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517 Redlands St
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