Prospect Ave , Santee, CA 92071

  • $625,046
Prospect Ave , Santee, CA 92071
Active
Prospect Ave , Santee, CA 92071
Prospect Ave , Santee, CA 92071
  • $625,046

Description

**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 approved for storage/equipment parking use on these vacant lots, 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.

  • Address Prospect Ave
  • State/county CA
  • Zip/Postal Code 92071
  • Country US

Details

Updated on May 6, 2025 at 6:42 pm
  • Property ID: 240000285SD
  • Price: $625,046
  • Land Area: 0.61 Acres
  • Garage Size: x x
  • Property Type: Commercial Sale
  • Property Status: Active

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