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550 W El Norte Pky - WILLIS

4.88 Acres of Commercial Land Offered at $3,950,000 in Escondido, CA 92026

Executive Summary

GREAT LOCATION FOR OFFICE PARK, NEAR I-15 ON AND OFF RAMPS. THERE IS A 17 ACRE CITY PARK ADJACENT TO THE NORTH SIDE OF THIS PROPERTY. THERE IS A 1986 S.F. HOME ON THE PROPERTY WITH A GUEST HOUSE. WE ARE IN THE PROCESS FOR A GENERAL PLAN AMENDMENT, WITH THE CITY OF ESCONDIDO, TRYING TO GET 40 UNITS PER ACRE.

Attachments

El Norte Topo

Property Facts In Escrow

Price $3,950,000
Sale Type Investment or Owner User
Sale Conditions Bulk/Portfolio Sale
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Apartment Units
  • Office Park
Total Lot Size 4.88 AC

1 Lot Available

Lot 226-380-48

Price $3,950,000
Price Per AC $809,426.23
Lot Size 4.88 AC

APARTMENT OR OFFICE PARK. CURRENT OWNER AND THREE ADDITIONAL PARCELS ON SO. IRISH LANE, MAKING TOTAL LAND AREA 7.55 ACRES WHO ARE ALSO INTERESTED IN APARTMENT DEVELOPMENT IS APPLYING FOR A GENERAL PLAN AMENDMENT TO GET UP TO 45 UNITS PER ACRE ZONING.

zoning

Zoning Code commercial
commercial
  • Listing ID: 25012131

  • Date on Market: 2/8/2022

  • Last Updated:

  • Address: 550 W El Norte Pky, Escondido, CA 92026

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