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745 S Santa Fe Ave 0.35 Acres of Commercial Land Offered at $1,895,000 in Vista, CA 92083
Investment Highlights
- Prime Corner Lot
- Downtown Vista Development
Executive Summary
The subject property is located off South Santa Fe Ave in the heart of downtown Vista, within the vibrant and well-known Vista Village, and presents a compelling opportunity within a designated Opportunity Zone. This designation offers potential tax advantages for investors, including deferral and possible reduction of capital gains, making the project especially attractive for long-term investment strategies.
Conceptual design studies by a well-known architect have outlined a plan for a 39-unit mixed-use development, incorporating residential units along with ground-floor commercial space to complement the area’s walkable, urban character. The proposed design envisions a cohesive project that aligns with the ongoing revitalization of downtown Vista.
A buyer may choose to capitalize on both the Opportunity Zone benefits and the groundwork already completed by the seller, moving forward with entitlements for the existing mixed-use concept, or explore alternative development approaches that maximize the site’s zoning and investment potential. Please contact Stevie Berman at (408) 202-0611 for more information.
Conceptual design studies by a well-known architect have outlined a plan for a 39-unit mixed-use development, incorporating residential units along with ground-floor commercial space to complement the area’s walkable, urban character. The proposed design envisions a cohesive project that aligns with the ongoing revitalization of downtown Vista.
A buyer may choose to capitalize on both the Opportunity Zone benefits and the groundwork already completed by the seller, moving forward with entitlements for the existing mixed-use concept, or explore alternative development approaches that maximize the site’s zoning and investment potential. Please contact Stevie Berman at (408) 202-0611 for more information.
Property Facts
| Price | $1,895,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | Apartment Units |
| No. Lots | 1 | Total Lot Size | 0.35 AC |
| Property Type | Land | Opportunity Zone |
Yes
|
| Zoning | SPI | ||
| Price | $1,895,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | Apartment Units |
| Total Lot Size | 0.35 AC |
| Opportunity Zone |
Yes |
| Zoning | SPI |
1 Lot Available
Lot
| Price | $1,895,000 | Lot Size | 0.35 AC |
| Price Per AC | $5,414,285.71 |
| Price | $1,895,000 |
| Price Per AC | $5,414,285.71 |
| Lot Size | 0.35 AC |
1 1
Fairly walkable
50/100
Exceptionally drivable
90/100
Good public transit
60/100
Fairly bikeable
40/100
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745 S Santa Fe Ave
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