Leaf Ln - POTENTIAL FOR UP TO 10 SMALL RESIDENTIAL LOTS 0.58 Acres of Commercial Land Offered at $485,000 in Escondido, CA 92026

Rare opportunity to acquire a ±0.58-acre residential infill development parcel in the desirable Country Club area of North Escondido. Located at 0 Leaf Lane, Escondido, CA 92026 (APN 226-130-52-00), the property combines conventional residential development potential with a newly identified opportunity to evaluate a higher-density small-lot subdivision under California SB 1123 and SB 684. The property is zoned RS (Residential Single) with a Village Residential VR-7.3 General Plan designation and contains approximately 25,000 square feet of gross land area. The site has historically been evaluated for a conventional subdivision of approximately four single-family residential lots. However, recent review of San Diego County's SB 1123 / SB 684 mapping indicates that this particular parcel may also qualify for the State's streamlined small-lot subdivision provisions, potentially creating a significantly broader range of development options. For qualifying vacant single-family residential properties, SB 1123 and SB 684 provide a ministerial process that may allow subdivision into as many as 10 residential parcels and development of up to 10 residential units. San Diego County's current guidelines provide for newly created parcels as small as 1,200 square feet for qualifying projects. At approximately 25,000 square feet gross, the property therefore presents an opportunity for a developer to investigate configurations ranging from a traditional lower-density residential subdivision to a substantially higher-yield small-lot development. The actual number of lots that can be created will depend upon engineering, site configuration, access, fire requirements, utilities, easements, grading, objective development standards and final County review. No representation is being made that 10 lots can or will be approved. Buyers should independently investigate and confirm the property's eligibility for SB 1123 / SB 684 and determine the achievable lot and unit yield through their own consultants and the County of San Diego. MULTIPLE POTENTIAL DEVELOPMENT STRATEGIES Conventional Residential Subdivision – The property may be evaluated for a traditional single-family residential subdivision consistent with its RS zoning, VR-7.3 General Plan designation and applicable County subdivision and development standards. SB 1123 / SB 684 Small-Lot Development – Based upon preliminary review of County mapping, the property may qualify for the streamlined ministerial small-lot subdivision process available under SB 1123 and SB 684. For a qualifying project, this could potentially allow a greater number of individual residential lots and units than contemplated under a conventional subdivision. Residential Care Opportunity – The residential zoning may also offer an opportunity to evaluate development of small residential care facilities. California law provides special land-use treatment for certain licensed residential care facilities serving six or fewer residents. Any buyer considering this use should independently verify County, building, fire, accessibility and State licensing requirements applicable to its specific operation. Build-to-Sell – A builder may evaluate subdividing the property and constructing new homes for individual resale, taking advantage of an established North San Diego County residential location and the limited supply of new infill housing. Build-to-Hold – An investor may alternatively evaluate developing and retaining the residences as long-term rental properties in a market with continuing demand for quality single-family housing. ATTRACTIVE INFILL DEVELOPMENT CHARACTERISTICS Leaf Lane offers an alternative to larger raw-land projects requiring extensive off-site infrastructure and long-range community development. The parcel is located within an established residential neighborhood surrounded by existing homes and development. The site has generally favorable development characteristics, including gently sloping topography and an elevated portion of the property that may provide view potential depending upon final grading and building design. Water and sewer service are reported available in the area through Vallecitos Water District. Buyers should independently confirm service availability, capacity, connection locations, meter requirements, fees and any necessary improvements directly with the applicable agencies. The property is situated on a quiet cul-de-sac in the Country Club area of North Escondido and provides convenient access to Twin Oaks Golf Course, Palomar Medical Center, schools, shopping and other North County amenities. Interstate 15 and Highway 78 are readily accessible, providing connections throughout North San Diego County. POTENTIAL SMALL-LOT UPSIDE The SB 1123 / SB 684 opportunity is particularly noteworthy because it creates a potential development strategy that was not previously incorporated into the property's conventional four-lot development concept. Rather than evaluating the property solely under traditional minimum-lot-size assumptions, a qualified developer can now investigate whether a small-lot configuration could produce five, six or potentially additional residential lots, up to the statutory maximum for a qualifying project. The ultimate yield is not simply a mathematical calculation based upon gross acreage. A successful project must accommodate practical development requirements including legal access, internal circulation where applicable, fire access, utility infrastructure, setbacks, grading, drainage, easements and other objective standards. Nevertheless, the ability to evaluate the property under both conventional development standards and the newer SB 1123 / SB 684 framework provides a level of flexibility and potential upside that distinguishes Leaf Lane from many similarly sized infill parcels. The property may be particularly attractive to a small or mid-sized residential builder, infill developer, residential care operator or investor seeking a manageable North County project without the land acquisition cost and complexity associated with a large subdivision. All subdivision concepts, lot counts, unit counts and development scenarios are preliminary and are provided for informational and marketing purposes only. Seller and listing broker make no representation or warranty regarding final subdivision approval, SB 1123 / SB 684 eligibility, number of lots or units achievable, building permits, residential care licensing, utility capacity or ultimate development costs. Buyer should independently investigate and verify zoning, General Plan designation, subdivision eligibility, SB 1123 / SB 684 qualification, allowable density, lot yield, access, fire requirements, utilities, grading