Active
10340 Prospect
Santee CA, 92071
$1,395,000
$52.50 per sqft
Active
0.61 Acres
Land
**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.
240000817
MLSⓇ ID
January 11, 2024
Listed
November 22, 2024
Updated
Map
10340 Prospect
Santee CA, 92071
Exterior/Building Features
Lot Size
0.61 Acres
Lot Features
Pasture
Other Property Details
Area Name
East County
Taxes
$16,560
Tax Frequency
Annually
Days on Market
20
Garage
No
View
No
County
San Diego
Pool
No
Zoning
R-1:SINGLE
Listed by AJGCRE, Inc., AJ George,
Listing Contact: 858-598-3589
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Data last updated 8:51 PM UTC, 11/22/2024