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    21505 Trl Blazer Ln Escondido, CA 92029

    For Sale
    $4,995,000

    Prime Escondido retail development opportunity.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    310
    Harmony Grove Village Center presents a unique investment opportunity encompassing two parcels totaling 2.89 acres, strategically located within a burgeoning Escondido residential area currently underserved by commercial retail. This exceptional offering includes approved site plans for substantial commercial development, ideal for a mixed-use project. Parcel 235-571-571-17, spanning 1.62 acres, is designed to accommodate a significant retail building exceeding 11,000 square feet, inclusive of a mezzanine level, plus an additional 5,000 square feet suitable for shops or restaurants. The adjacent Parcel 235-570-56, covering 1.27 acres, offers plans for approximately 7,500 square feet of retail space, complemented by the existing 2,000-square-foot historic Johnson Ward Homes building, potentially adaptable for office or medical use. The city may consider modifications to incorporate live/work/play units, adding further versatility to this development. Convenient access is ensured via new roads connecting to Citracado Parkway, providing seamless connectivity to Escondido, Elfin Forest, and San Elijo Hills. The strong demographics of the area make this location particularly attractive for a variety of businesses, including an anchor grocery store, preschool/daycare, salon, and quick-service restaurants or delis. This is a rare chance to capitalize on a thriving community's need for commercial amenities. The asking price for this exceptional property is $4,995,000.

    Property Features for 21505 Trl Blazer Ln

    General Information

    Property type
    Other commercial real estate
    Lot Size
    125,888 SF
    Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Building Supply HVAC Service Garden Center Daycare Center Travel Agency Locksmith Parking Facility

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

    Location Insight

    • Map
    • Local Demand
    City
    Escondido
    County
    San Diego
    State
    California
    Longitude
    -117.1312
    Latitude
    33.10283

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    FAQs

    What type of property is this?
    Commercial real estate - Prime Escondido retail development opportunity.
    Where is this commercial real estate located?
    The property is located at 21505 Trl Blazer Ln Escondido, CA.
    What is the asking price?
    The asking price for this property is $4,995,000.
    (858) 345-4514
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    21505 Trl Blazer Ln Escondido, CA 92029
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    Realmo Value Estimation

    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.

    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.

    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
    21505 Trl Blazer Ln Escondido, CA 92029
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