Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    San Marcos Land with Panoramic Views Title is generated by Realmo AI

    Cocos Dr, San Marcos, CA 92078

    View on Map
    Claim this Listing
    For Sale
    $599,000

    LAND - San Marcos, CA

    Lot size:
    11.83 Acres
    Added:
    Dec 19, 2025
    Days on Market:
    170
    Last Refresh:
    Jun 7 at 11:06 pm

    Property Features for Cocos Dr

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    AGRICULTUR
    Standard status
    Active
    APN
    222-330-02-00
    Lot size
    11.83 Acres

    We can help!

    Listing Contact
    Christie Duguid
    Christie Duguid

    Listing agent Christie Duguid License #01901149

    Listing office Redfin Corporation 1808 Aston Ave. Ste.200 Redfin, Carlsbad, CA

    Listing date Dec 19, 2025

    MLS# 250045985 Listing URL

    Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Sweeping panoramic views of the ocean, city lights, valleys, and mountain ranges.
    • Expansive 11.83‑acre lot with ample usable land for building a custom estate.
    • Located in the desirable Coronado Hills community, surrounded by luxury custom homes, offering privacy and endless possibilities.
    • Water main on the property (Vallecitos Water District) with electricity and sewer available nearby.
    • Conveniently located near shopping, dining, everyday amenities, and freeway access in San Marcos.
    • Located within a highly sought‑after school district.

    Overview

    This 11.83-acre property in San Marcos, California, presents an opportunity for builders or those looking to create a custom estate. The lot offers panoramic views of the ocean, city lights, valleys, and surrounding mountain ranges. Located on a quiet, private road within the Coronado Hills community, the property is surrounded by luxury custom homes and provides privacy with possibilities for development. The expansive property includes ample usable land. A water main is located on the property through the Vallecitos Water District, and electricity and sewer are available nearby. Coronado Hills offers a rural setting while remaining close to shopping, dining, and everyday amenities. Located in San Marcos, considered the hub of North County, the property is minutes from freeway access and within a sought-after school district. The zoning is AGRICULTURAL. This property is intended for residential land and home lots.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Map

    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.158891
    Latitude
    33.122617

    Nearby Similar for Sale

    • $499,900

      San Marcos Acreage with Panoramic Views

      15.52 acres in Coronado Hills with ocean and city views.
      Cocos Drive, San Marcos, CA 92078
      View Details
    • $640,000
      1,600 SF

      Highway Frontage Light Industrial Condo

      1,600 SF light industrial condo with highway visibility.
      C1-120 N Pacific St, San Marcos, CA
      View Details
    • $545,000
      1,119 SF

      Prime Corner Retail Opportunity

      New retail space in San Marcos, high-traffic location.
      240-260 S Rancho Santa Fe Rd, San Marcos, CA
      View Details
    • $3,800,000

      San Marcos Terrace Estates Apartments

      9-unit apartment complex in the heart of San Marcos.
      532 Richmar Ave, San Marcos, CA 92069
      View Details
    • $4,119,000
      14,976 SF

      San Marcos Freestanding Industrial Building

      Freestanding industrial building in San Marcos Business Park.
      1377 Armorlite Dr, San Marcos, CA
      View Details
    • $2,590,000
      7,683 SF

      San Marcos Industrial Property Available

      Industrial property in San Marcos, part of the Innovate78 Corridor.
      870 Rancheros Dr, San Marcos, CA
      View Details
    • $1,299,900

      San Marcos Land Development Opportunity

      2.06 acre lot ideal for custom homes.
      0 Linda Vista Drive, San Marcos, CA 92078
      View Details
    • $2,593,800
      7,860 SF

      San Marcos Industrial Building For Sale

      Recently renovated industrial building with drive-through access in San Marcos.
      1265 Stone Dr, San Marcos, CA 92078
      View Details
    • $250,000

      San Marcos Land with Stream

      4.32 acre lot in San Marcos with water meter.
      0 Twin Oaks Valley, San Marcos, CA 92069
      View Details
    • $3,200,000

      San Marcos Redevelopment Opportunity

      Vacant land with mixed-use redevelopment opportunity in San Marcos.
      880 W San Marcos Blvd, San Marcos, CA 92078
      View Details
    • $4,579,000
      17,280 SF

      Freestanding Industrial Building in San Marcos

      San Marcos industrial building with occupancy available January 1, 2026.
      1370 ARMORLITE DR, SAN MARCOS, CA
      View Details
    • $5,995,000
      7,850 SF

      New Retail Asset in San Marcos

      Two-story retail property in San Elijo Hills, San Marcos.
      1217 San Elijo Rd S, San Marcos, CA 92078
      View Details

    FAQs

    What type of property is this?
    Land - 11.83-acre lot with ocean, city, and mountain views.
    Where is this land located?
    The property is located at Cocos Dr San Marcos, CA.
    What is the asking price?
    The asking price for this property is $599,000.
    What are key features of this property?
    This property features: Sweeping panoramic views of the ocean, city lights, valleys, and mountain ranges.; Expansive 11.83‑acre lot with ample usable land for building a custom estate.; Located in the desirable Coronado Hills community, surrounded by luxury custom homes, offering privacy and endless possibilities.
    (858) 722-8844
    We can help!
    Listing Contact
    Christie Duguid
    Christie Duguid
    Real Estate License ID: 01901149
    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
    Cocos Dr, San Marcos, CA 92078
    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!