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

    902 W Borden Rd San Marcos, CA 92069

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land available in San Marcos, California.

    Lot size:
    18.60 Acres

    Property Features for 902 W Borden Rd

    General Information

    Lot size
    18.60 Acres

    We can help!

    Listing Contact
    Melanie Haynes
    Source: Moodyscre

    Listing Agency: Cushman & Wakefield | San Diego Listing Agent: Melanie Haynes

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

    Learn more

    Overview

    San Marcos Land For Sale

    Located in San Marcos, California, this land property is available for sale.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.140757
    Latitude
    33.154566

    Nearby Similar for Sale

    • $6,890,000
      Pending

      San Marcos Vineyard Estate

      Vineyard estate with winery, tasting rooms, and commercial kitchen.
      2284 Sunshine Mountain Rd, 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 92069
      View Details
    • $2,593,800
      7,860 SF

      San Marcos Freestanding Industrial Building

      Freestanding industrial building in central San Marcos with highway access.
      1265 Stone Dr, 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 92069
      View Details
    • $2,168,430

      San Marcos Industrial Building For Sale

      Industrial building in central San Marcos with highway access.
      1255 Stone Dr, San Marcos, CA 92078
      View Details
    • Contact for pricing
      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 92078
      View Details
    • $244,700

      Home in 5-Star Park

      Home in a warm, friendly community with many activities.
      650 S Rancho Santa Fe. Rd 294, San Marcos, CA 92078
      View Details
    • $2,475,000
      7,500 SF

      San Marcos Warehouse For Sale

      7,500 SF warehouse on 0.57 acres in San Marcos.
      850 Armorlite Dr, San Marcos, CA 92069
      View Details
    • Contact for pricing
      1,980 SF

      Industrial Property in San Marcos

      Industrial property with 3,123 square feet of space.
      1195 Linda Vista Dr, San Marcos, CA 92078
      View Details

    FAQs

    What type of property is this?
    Land - Land available in San Marcos, California.
    Where is this land located?
    The property is located at 902 W Borden Rd San Marcos, CA.
    What are key features of this property?
    This property features: - Land available; - Located in San Marcos, California
    (760) 431-3848 Call to check price and availability
    Request Owner's contact information
    902 W Borden Rd San Marcos, CA 92069
    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.
    902 W Borden Rd
    San Marcos, CA 92069
    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
    902 W Borden Rd San Marcos, CA 92069
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing
    Melanie Haynes
    Real Estate License ID: CA 02043811
    (760) 431-3848 (760) 688-2187 (858) 452-6500
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!