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5662 Otay Valley Rd - Lots #7 1st at bottom 15 Acres of Industrial Land Offered at $9,500,000 in Chula Vista, CA 91911

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INVESTMENT HIGHLIGHTS

  • Great Ocean Views of Point Loma
  • 5-6 AC flat on top of the Mesa

EXECUTIVE SUMMARY

Located in the Heart of the last great expansion of Otay Mesa. This property offers great proximity to Brown Field International Freight Airport and minutes to the International Border Crossing. Other attractions that would benefit residential builders is the North Island Credit Union Amphitheater, Sea Worlds Water Park, and Seamee Street Theme Park. Property is perfect for industrial current use, development for Industrial Warehouse and Residential Housing as the city is pro-housing, and Assisted Living.
We also have an additional contiguous 10 acres available for sale for $7 Million.

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

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

FINANCIAL SUMMARY (ACTUAL - 2022) Click Here to Access

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

PROPERTY FACTS

Price $9,500,000
Sale Type Investment
Sale Condition 1031 Exchange
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Industrial
  • Multifamily
Total Lot Size 1.00 AC
Zoning OMDD-INDUST-SUBD - indusrial auto boat or storage

1 LOT AVAILABLE

Lot

Price $9,500,000
Price Per AC $633,333.33
Lot Size 15.00 AC

15AC (3) parcels split into (7) yards CASH FLOWING & fully leased. All month-to-month leases to allow maximum flexibility for new ownership. 5-6 AC of Flat on grad TOP OF MESA! with unobstructed Ocean Water Views facing Point Loma. Great access.

DESCRIPTION

15AC three parcels split into 7 yards all fully leased. Ownership has all month-to-month leases to allow maximum flexibility for new ownership. 5AC of Flat on grad with unobstructed Ocean Water views facing Point Loma. Great access. Located in the Heart of the last great expansion of Otay Mesa. This property offers great proximity to Brown Field International Freight Airport and minutes to the International Border Crossing. Other attractions that would benefit residential builders is the Noth Island Credit Union Amphitheater, Sea Worlds Water Park, and Seamee Street Theme Park. Property is perfect for industrial current use, development for Industrial Warehouse and Residential Housing as the city is pro-housing, and Assisted Living.

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 645-030-07
  • 645-030-08
  • 645-030-09
Land Assessment
$604,110 (2025)
Improvements Assessment
$85,186 (2025)
Total Assessment
$689,296 (2025)
  • Listing ID: 28597295

  • Date on Market: 5/27/2023

  • Last Updated:

  • Address: 5662 Otay Valley Rd, Chula Vista, CA 91911

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