Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Santee Land with View Title is generated by Realmo AI

    0 SUMMIT AVE, Santee, CA 92071

    View on Map
    Claim this Listing
    For Sale
    $395,000

    Land/Lot - Santee, CA

    Lot size:
    95,832.00 Acres
    Added:
    Mar 4, 2026
    Days on Market:
    83
    Last Refresh:
    May 26 at 4:06 pm

    Property Features for 0 SUMMIT AVE

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1 SINGLE FAM RES
    Exterior features
    Community Features Included: Rural
    Standard status
    Active
    APN
    3782101700
    Lot size
    95,832.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Gregg Phillipson

    Listing agent Gregg Phillipson License #01153857

    Listing office Keller Williams Realty 7777 Alvarado Road Suite 700, La Mesa, CA

    Listing date Mar 4, 2026

    MLS# PTP2601675 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 2.2 Acre Lot offers ample space.
    • Building Opportunity to create your dream home.
    • Beautiful View Lot provides stunning scenery.
    • Location in Santee offers a desirable address.
    • High Property Value Area, neighbor sold for $1,500,000!
    • Rural Community Features provide a peaceful setting.

    Overview

    This 2.2-acre lot in Santee, California, presents a building opportunity. The property is zoned R-1 for single-family residential use and offers views. A neighboring home recently sold for $1,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    Santee
    County
    San Diego
    State
    California
    Longitude
    -116.976585
    Latitude
    32.875701

    Nearby Similar for Sale

    • $17,414,000
      43,351 SF

      Santee Retail Investment Opportunity

      Multi-tenant retail plaza with high occupancy and strong NOI growth.
      8915-8967 Carlton Hills Blvd, Santee, CA 92071
      View Details
    • $899,900

      San Diego County Commercial Land

      Two commercial parcels totaling 1.34 acres in San Diego County.
      10340 Prospect, Santee, CA 92071
      View Details
    • $115,000

      Santee Land Parcel with Views

      2.26-acre parcel with completed preliminary work, ideal for development.
      0 Summit Crest Drive, Unit 17/11, Santee, CA 92071
      View Details
    • $195,000

      Vacant Lots in Santee

      Rare vacant lots in Fanita Ranch area of Santee.
      8535 Placid View Dr, Santee, CA 92071
      View Details
    • $95,000
      3,925 SF

      Auto Repair Business Opportunity

      Turn-key auto repair business with warehouse and mezzanine.
      11421 Woodside Avenue Ste. B, Santee, CA 92071
      View Details
    • $4,900,000
      18,560 SF

      Santee Retail Property For Sale

      Retail property in Santee with future upside potential.
      10041 Mission Gorge Rd, Santee, CA 92071
      View Details
    • Contact for pricing

      Santee Town Center Retail Site

      Land entitled for mixed-use development in Santee Town Center.
      Town Center Pkwy, Santee, CA
      View Details
    • $3,000,000

      Commercial Land with Freeway Frontage

      1.38-acre commercial land with redevelopment potential and freeway frontage.
      11555 Woodside Ave, Santee, CA
      View Details
    • $529,000

      Commercial Lot Near Santee Town

      Commercial lot near Santee Town Center with high traffic.
      10463 Mission Gorge Road, Santee, CA 92071
      View Details
    • Contact for pricing

      San Diego County Commercial Land

      Two commercial parcels totaling 1.34 acres in San Diego County.
      Prospect Ave, Santee, CA 92071
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - 2.2 acre lot in Santee, California with views.
    Where is this residential land & home lot located?
    The property is located at 0 SUMMIT AVE Santee, CA.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: Large 2.2 Acre Lot offers ample space.; Building Opportunity to create your dream home.; Beautiful View Lot provides stunning scenery.
    (619) 507-3166
    We can help!
    Listing Contact
    Gregg Phillipson
    Real Estate License ID: 01153857
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    0 SUMMIT AVE, Santee, CA 92071
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!