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10340 Prospect Ave Santee, CA 92071

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For Sale
$899,900

Two commercial parcels totaling 1.34 acres in San Diego County.

Lot size:
0.61 Acres

Property Features for 10340 Prospect Ave

General Information

Property type
Commercial
Standard status
Active
Lot size
0.61 Acres

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Listing Contact
Aj George
Aj George
Source: Elliman

Listing Agency: AJGCRE Listing Agent: Aj George

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

San Diego County Commercial Land

Two commercial parcels in San Diego County offer a rare investment opportunity. The vacant lots, totaling 1.34 acres (58,369 sq. ft.), have potential for a high cap rate for land development. The FAA has preliminary approval for storage or equipment parking use. Parcel 1 (APN 384-410-76-00) is 31,798 sq. ft., and Parcel 2 (APN 3385-410-20-00) is 26,571 sq. ft. The property is located in the Gillespie Field Compatibility Zone and has light industrial zoning. Convenient ingress and egress are available on the west side. A triple net lease option is available for $8,500 for both parcels, or individual parcel lease rates are $3,719 for Parcel 1 and $4,451 for Parcel 2. The adjacent parcel, grandfathered for two single-family residences, may be available for sale. No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property. Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights.
Location Intelligence

Current Use by Public Records

Commercial land

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

Location Insight

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  • Local Demand
City
Santee
County
San Diego
State
California
Longitude
-116.9722399
Latitude
32.8317101

FAQs

What type of property is this?
Commercial land - Two commercial parcels totaling 1.34 acres in San Diego County.
Where is this commercial land located?
The property is located at 10340 Prospect Ave Santee, CA.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: - Prime commercial land totaling 1.34 acres (58,369 sq. ft.) in San Diego County.; - FAA preliminary approval for storage/equipment parking use.; - Potential for high cap rate land development.
More about this property
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