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    1470 Santa Fe Ave Vista, CA 92084

    Sponsored
    For Sale
    $32,000,000

    Prime 3.51-acre commercial land, $32M

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 3.51-acre commercial land parcel in Vista, California, presents a significant investment opportunity. Located at 1470 S Santa Fe Ave, 92084, this property is zoned for special purpose use. The current development on the site consists of a 45-unit apartment complex, completed in 2022. These units are modern townhomes, each featuring two bedrooms, two bathrooms, a two-car garage, and modern appliances including a refrigerator, stove, dishwasher, microwave, washer/dryer, and central air conditioning. The townhomes boast spacious layouts with open-concept living areas, luxurious hard surface flooring, and a primary suite with a large dual walk-in closet. A unique aspect of this offering is the inclusion of an adjacent 0.7-acre lot, providing significant potential for expansion. This additional land could accommodate up to eight more units or provide much-needed additional parking to facilitate the conversion of existing two-bedroom units into three-bedroom units. The property's strategic location in Vista, CA, offers excellent access to major transportation routes and amenities. This is a rare opportunity to acquire a substantial commercial land holding with existing income-producing assets and significant upside potential. The asking price for this exceptional property is $32,000,000.

    Property Features for 1470 Santa Fe Ave

    General Information

    Property type
    Land
    Lot Size
    152,896 SF

    HighLights

    • $32,000,000 asking price
    • 3.51‑acre lot, Special Purpose Land, Commercial designation
    • 45 newly built townhomes completed in 2022
    • Includes adjacent 0.7‑acre lot, potential for expansion.
    Property Profile Location Intelligence

    Current Use by Public Records

    McDonald's Fast Food Restaurant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Vista
    County
    San diego
    State
    California
    Longitude
    -117.2204622
    Latitude
    33.1839431

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    FAQs

    What type of property is this?
    Land - Prime 3.51-acre commercial land, $32M
    Where is this land located?
    The property is located at 1470 Santa Fe Ave Vista, CA.
    What is the asking price?
    The asking price for this property is $32,000,000.
    What are key features of this property?
    This property features: $32,000,000 asking price; 3.51-acre lot, Special Purpose Land, Commercial designation; 45 newly built townhomes completed in 2022
    Request Owner's contact information
    1470 Santa Fe Ave Vista, CA 92084
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    Vista, CA 92084
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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
    1470 Santa Fe Ave Vista, CA 92084
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