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Investment Highlights

  • 0.87 ACRE COMMERCIAL PARCEL
  • PROPOSED REZONING TO MIXED USE CORRIDOR (MU-C) – 0.02 FAR / 45 DU/AC UNDER THE CITY OF VISTA’S ONGOING GENERAL PLAN UPDATE (VISTA 2050)
  • SIGNIFICANT REDEVELOPMENT POTENTIAL
  • 146,000+ VEHICLES PER DAY

Executive Summary

This offering represents a rare opportunity to acquire a highly visible commercial development site at 801, 815, and 819 W Vista Way, along the heavily traveled Highway 78 corridor in Vista, California. Positioned on a corner parcel with strong frontage along West Vista Way, the property benefits from exceptional visibility to both local traffic and regional freeway commuters. Located within a key commercial corridor that connects several major North County communities including Oceanside, Vista, and San Marcos, the site offers convenient regional accessibility and strong commuter exposure.
The property encompasses approximately 0.87 acres (37,897 square feet) of commercially zoned land under APN 164-100-39-00 and currently includes two residential units (a 3-bedroom/2-bath house and a 2-bedroom/1-bath house) along with a storage structure, offering potential rental income of approximately $7,200 per month in gross revenue ($3,200 for the 3/2 house, $2,500 for the 2/1 house, and $1,500 for the storage unit). This potential income provides investors with a strong interim revenue stream while evaluating long-term redevelopment strategies, allowing for immediate cash flow while preserving optionality for future commercial or mixed-use development.
The site is currently zoned C-1 Neighborhood Commercial, providing flexibility for a wide range of retail, service, and professional office uses that cater to the surrounding residential population and daily commuter traffic. Under the City of Vista’s ongoing Vista 2050 General Plan Update, the property is proposed for rezoning to Mixed Use Corridor (MU-C) with a 0.02 Floor Area Ratio (FAR) and up to 45 dwelling units per acre, potentially enabling multi-family residential development above ground-floor commercial spaces. This proposed designation could support approximately 39 dwelling units on the site, subject to final plan adoption, zoning amendments, and entitlements—buyers must verify status and feasibility with the City of Vista Planning Department. With approximately 134,584 vehicles traveling along Highway 78 each day and 10,500 vehicles along West Vista Way (based on CoStar 2025 projections), the property offers significant exposure for future commercial or mixed-use projects, including quick-service restaurants, retail services, medical offices, multi-family housing, or other convenience-oriented businesses.
Surrounded by an established mix of automotive services, hospitality, and neighborhood retail, the property is well positioned to support future development that capitalizes on the area’s consistent traffic flow, expanding residential base, and city-driven growth initiatives. The parcel’s freeway visibility, prominent corner positioning, flat to gentle sloping topography with mature trees, and reserved easements (including a 12-foot ingress/egress right-of-way and a 10-foot water service easement) create an attractive opportunity for investors and developers seeking high-exposure sites within a mature commercial environment.
This offering presents multiple potential investment strategies, including land banking for long-term appreciation, redevelopment into retail or service-oriented commercial uses, or pursuit of mixed-use entitlements under the proposed MU-C designation while operating the existing improvements for interim income. Investors seeking a strategically positioned commercial land asset with both immediate revenue potential and substantial long-term value creation through rezoning and development will find this opportunity particularly compelling.

Financial Summary (Pro Forma - 2026) 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 (Pro Forma - 2026) 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 $1,400,000
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Mixed Use
  • Apartment Units
Total Lot Size 0.87 AC
Zoning C-1 - Currently zoned C-1 Neighborhood Commercial. Proposed Rezoning (MU-C) Mixed Use Corridor – 0.02 FAR / 45 du/ac.

1 Lot Available

Lot

Price $1,400,000
Price Per AC $1,609,195.40
Lot Size 0.87 AC

0.87-acre (37,897 SF) corner lot. Frontage on W Vista Way with direct Hwy 78 visibility. Existing residential units & storage. C-1 Neighborhood Commercial zoning, potential future mixed-use corridor redevelopment under Vista 2050 Draft General Plan.

Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
164-100-39
Land Assessment
$28,737 (2025)
Improvements Assessment
$47,984 (2025)
Total Assessment
$76,721 (2025)
  • Listing ID: 39874717

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 815 W Vista Way, Vista, CA 92083

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