000 Prospect Ave - Santee Contractor Storage Potential (LAND)
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000 Prospect Ave - Santee Contractor Storage Potential (LAND)
1.34 Acres of Commercial Land in Santee, CA 92071
Investment Highlights
- 1.34 Flat Acreage
- Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft.
- Light Industrial Zoning
- Parcel 1 (APN 384-410-76-00): 31,798 sq. ft.
- Gillespie Field Overlay Zone
Executive Summary
**Prime Commercial Land Opportunity in San Diego County**
Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development totaling 1.34 acres.
**Key Features:**
- Parcel 1 (APN 384-410-76-00): 31,798 sq. ft.
- Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft.
- FAA Preliminary Approval for Storage Use
- Gillespie Field Overlay Zone
- Light Industrial Zoning
- Triple Net Lease Option: $8,500 for both parcels
- Individual Parcel Lease Rates: $3,719 (Parcel 1) and $4,451 (Parcel 2)
- Convenient Ingress and Egress on West Side (East May be Availble)
**Additional Information:**
- The adjacent parcel, grandfathered for two single-family residences, may be available for sale. Call the Agent for details and/or to submit an offer.
- Located in the Gillespie Field Compatibility Zone, ensuring strategic development.
- Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights.
**Sales Details:**
- Total Sales Price: $1,395,000
- Acreage: 1.34 acres (58,369 sq. ft.)
**Important Notes:**
- No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property.
- Verify all information with the FAA, the County of San Diego, and the city of Santee for approvals.
For inquiries and details, contact our dedicated agent. Explore this exceptional opportunity to invest in San Diego County's thriving commercial landscape.
Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development totaling 1.34 acres.
**Key Features:**
- Parcel 1 (APN 384-410-76-00): 31,798 sq. ft.
- Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft.
- FAA Preliminary Approval for Storage Use
- Gillespie Field Overlay Zone
- Light Industrial Zoning
- Triple Net Lease Option: $8,500 for both parcels
- Individual Parcel Lease Rates: $3,719 (Parcel 1) and $4,451 (Parcel 2)
- Convenient Ingress and Egress on West Side (East May be Availble)
**Additional Information:**
- The adjacent parcel, grandfathered for two single-family residences, may be available for sale. Call the Agent for details and/or to submit an offer.
- Located in the Gillespie Field Compatibility Zone, ensuring strategic development.
- Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights.
**Sales Details:**
- Total Sales Price: $1,395,000
- Acreage: 1.34 acres (58,369 sq. ft.)
**Important Notes:**
- No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property.
- Verify all information with the FAA, the County of San Diego, and the city of Santee for approvals.
For inquiries and details, contact our dedicated agent. Explore this exceptional opportunity to invest in San Diego County's thriving commercial landscape.
Data Room Click Here to Access
- Market Information
- Title and Insurance
Financial Summary (Pro forma - 2024) Click Here to Access |
Annual | Annual Per AC |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Pro forma - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per AC | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per AC | $9.99 |
Property Facts
1 Lot Available
Lot
| Lot Size | 1.34 AC |
| Lot Size | 1.34 AC |
**Prime Commercial Land Opportunity in San Diego County** Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development. The FAA has a preliminary approval app
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $105,536 | Total Assessment | $105,536 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$105,536
Improvements Assessment
$0
Total Assessment
$105,536
zoning
| Zoning Code | ILS (ILS - Light industrial in Zone one of the FAA runway protection zone. Limited uses apply.) |
| ILS (ILS - Light industrial in Zone one of the FAA runway protection zone. Limited uses apply.) |
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000 Prospect Ave - Santee Contractor Storage Potential (LAND)
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