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Tavern Road - Victoria Park Terrace Development Site 18.27 Acres of Commercial Land Offered at $4,000,000 in Alpine, CA 91901
Investment Highlights
- EXCEPTIONAL SAN DIEGO COUNTY DEVELOPMENT OPPORTUNITY - Large 18+ acre development site 30 miles from Downtown San Diego
- OUTSTANDING AREA DEMOGRAPHICS - Average household income for Alpine is an impressive $151,483, with detached single-family homes averaging $1,061,841
- DAILY NEEDS IN IMMEDIATE VICINITY - Nearby retailers include Baron’s Market, Rite Aid, CVS, Chase Bank, Ace Hardware, Napa Auto Parts, and H&R Block
- SCARCITY OF NEW PRODUCT - Less than 60 SFR have been developed nearby in the past 5 years and only one large MF development in the past 30 years
- SOUGHT-AFTER ALPINE LOCATION - Situated directly south of the 333-SFR Crown Hills resort-style residential subdivision built in the 90's
Executive Summary
Property Facts
1 Lot Available
Lot
| Price | $4,000,000 | Lot Size | 18.27 AC |
| Price Per AC | $218,938.15 |
| Price | $4,000,000 |
| Price Per AC | $218,938.15 |
| Lot Size | 18.27 AC |
As exclusive marketing advisor, CBRE is pleased to present Victoria Park Terrace Development Site, an exceptional ±18.27-acre residential development site in San Diego County.
Description
This offering presents an outstanding opportunity for a new residential development in San Diego County. Situated in the picturesque Cuyamaca Mountains, Alpine— a census-designated place (CDP)—showcases breathtaking landscapes characterized by rolling hills, tree-lined streets, and a peaceful environment. This area combines safety, serenity, and convenient access to nearby attractions, making it an ideal community for families, professionals, and retirees to call home. Alpine CDP has seen the development of fewer than 60 single family homes in the past five years and only one significant market-rate multifamily development within the past 30 years. Given the expected growth in household numbers over the next five years, this site is well-positioned for a new single-family or build-to-rent (BTR) development or to be used as a mobile home park. New lower price! Ownership is motivated to sell and will allow time for buyer to process entitlements while in escrow.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $2,065,500 | Total Assessment | $2,065,500 |
Property Taxes
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Tavern Road - Victoria Park Terrace Development Site
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