Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1851 E Mission Road Fallbrook, CA 92028

    View on Map
    For Sale
    $298,500

    Land/Lot - Fallbrook, CA

    Lot size:
    48,351.60 Acres
    Added:
    Sep 29, 2025
    Days on Market:
    193
    Last Refresh:
    Apr 9 at 6:06 am

    Property Features for 1851 E Mission Road

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    R-1
    Exterior features
    Fence, Community Features Included: Storm Drains
    Fencing
    Fenced
    Standard status
    Active
    APN
    1053902100
    Lot size
    48,351.60 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Sergio Garcia

    Listing agent Sergio Garcia License #01418002

    Listing office Sunshine Properties RealEstate 330 N Main St, Fallbrook, CA

    Listing date Sep 29, 2025

    MLS# NDP2509458 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.

    Overview

    Fallbrook Land with Approved Plans

    This 1.11-acre property in Fallbrook offers a head start for building a home. Grading and house plans have already received county approval. The septic layout is approved for a house with up to four bedrooms. Power is available at the property's edge. Access is facilitated by a paved, county-maintained road. The property provides panoramic views of the Santa Margarita Valley, De Luz Hills, and Vineyard 1924. There are no HOA or CCRs. Zoned RR--Rural Residential, this property allows for various uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Hair Salon Nail Salon Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Fallbrook
    County
    San Diego
    State
    California
    Longitude
    -117.2231628
    Latitude
    33.3891131

    Nearby Similar for Sale

    • $999,000

      Fallbrook Multi-Use Opportunity

      Flexible commercial/residential property near I-15 in Fallbrook, California.
      5461 Rainbow Creek unit: Three Legal Lots, Fallbrook, CA 92028
      View Details
    • $1,250,000

      Fallbrook Commercial Land Opportunity

      Prime commercial land parcel in a high-traffic area.
      0 Laurine Ln, Fallbrook, CA 92028
      View Details
    • $419,900

      Expansive Land with Panoramic Views

      46.64 acres in Fallbrook with utilities and development potential.
      0 Mt Olympus Valley Road, Fallbrook, CA 92028
      View Details
    • $699,000

      Fallbrook Land Parcel Opportunity

      23.22 acres of land in Fallbrook, California.
      Vista Valle Camino unit: 0, Fallbrook, CA 92028
      View Details
    • $950,000

      Wholesale Nursery Land With Options

      12.62 acre Fallbrook land with multiple development possibilities.
      1719 Rainbow Valley Blvd., Fallbrook, CA 92028
      View Details
    • $340,000

      Fallbrook Land with Panoramic Views

      4-acre Fallbrook parcel with utilities and approved septic layout.
      0 Palomar Drive, Fallbrook, CA 92028
      View Details
    • $349,000

      Fallbrook Land with Breathtaking Views

      Hilltop homesite with views in a desirable Fallbrook location.
      3770 Peony Dr unit: 20, Fallbrook, CA 92028
      View Details
    • $349,990

      Fallbrook Land with Potential Views

      4.8-acre parcel with potential ocean, canyon, and city views.
      0 Rainbow Peaks, Fallbrook, CA 92028
      View Details
    • $349,000

      Fallbrook Buildable Lot with Views

      2.53 acre lot in Fallbrook, ideal for custom residence.
      6542 Indian Trail Way, Fallbrook, CA 92028
      View Details
    • $2,000,000

      Fallbrook Land with Freeway Exposure

      Prime commercial land opportunity near I-15 in Fallbrook, CA.
      3027 Rainbow Valley Boulevard, Fallbrook, CA 92028
      View Details
    • $149,900

      Picturesque 10.88-Acre Fallbrook Retreat

      Serene 10.88-acre parcel with panoramic views near Fallbrook and Temecula.
      De Luz Murrieta Road, Fallbrook, CA 92028
      View Details
    • $1,400,000

      Operational Flower Farm with Ocean Views

      Turnkey, income-producing 40-acre flower farm with residential potential.
      39093 Harris Truck Trail, Fallbrook, CA 92028
      View Details

    FAQs

    What type of property is this?
    Residential land & home lot - One-acre Fallbrook property with approved plans and panoramic views.
    Where is this residential land & home lot located?
    The property is located at 1851 E Mission Road Fallbrook, CA.
    What is the asking price?
    The asking price for this property is $298,500.
    What are key features of this property?
    This property features: Approved Grading and House Plans: Save time and money with county‑approved plans.; Septic Approved for 4 Bedrooms: Build a sizable home with ease.; One Acre Plus Property: Ample space for your dream home and outdoor enjoyment.
    (760) 672-8326
    We can help!
    Listing Contact
    Sergio Garcia
    Real Estate License ID: 01418002
    Learn More
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!