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

    Phase 2 Oak Creek Rd El Cajon, CA 92021

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

    Development land with mixed zoning and potential for high density.

    Lot size:
    103.00 Acres

    Property Features for Phase 2 Oak Creek Rd

    General Information

    Standard status
    Active
    Lot size
    103.00 Acres

    We can help!

    Listing Contact
    Mark Kniffing
    Source: Crexi

    Listing Agency: Coldwell Banker West El Cajon Listing Agent: Mark Kniffing

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

    Learn more

    Overview

    44 Acres Development Land

    This property consists of approximately 44 acres and is mapped for 11 lots in Phase 2. The plan includes 9 approximately one-acre lots off Olde Highway 80 and two large estate home lots off Flynn Springs Road. The mixed zoning offers the potential for higher density development, especially since the 9 lots will be annexed to public sewer. The zoning includes Commercial, Residential, M54, M52, C37, C38, and RSV, allowing for a variety of uses that could make this property profitable.
    Location Intelligence

    Current Use by Public Records

    Land

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Nail Salon Building Supply Auto Repair Shop Pharmacy Big Box & Wholesale Store Skin Care Clinic Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    El Cajon
    County
    San Diego
    State
    California
    Longitude
    -116.856419
    Latitude
    32.860823

    Nearby Similar for Sale

    • $2,000,000
      Pending

      El Cajon Multifamily Investment Opportunity

      Well-maintained 10-unit apartment community near downtown El Cajon.
      359 N 1St St, El Cajon, CA 92021
      View Details
    • $1,199,000
      1,834 SF

      El Cajon Triplex with Pool

      Rare triplex on a large lot with resort-style pool.
      469-477 Taft Ave, El Cajon, CA 92020
      View Details
    • $400,000
      1,060 SF

      El Cajon Commercial Condo

      Commercial condo for sale, suitable for small business.
      1174 Broadway, El Cajon, CA 92021
      View Details
    • New
      $1,249,000
      2,588 SF

      Upgraded Property with ADU and Workshop

      Remodeled home with ADU, workshop, and outdoor entertaining area.
      1186 E Lexington 1188, El Cajon, CA 92019
      View Details
    • $1,300,000

      El Cajon Mixed-Use Opportunity

      Mixed-use property with live/work unit and redevelopment potential.
      925 W Main St, El Cajon, CA 92020
      View Details
    • $5,995,000

      NNN Investment Opportunity on Broadway

      Single tenant NNN sale leaseback with 7% cap rate.
      1068 Broadway, El Cajon, CA 92021
      View Details
    • $2,100,000

      El Cajon Warehouse on Main

      Industrial warehouse with parking and redevelopment potential near trolley hub.
      939 W Main St, El Cajon, CA 92020
      View Details
    • $649,000

      El Cajon Specialty Property

      Specialty property available for sale in El Cajon, California.
      505 N Mollison Ave, El Cajon, CA 92021
      View Details
    • $1,295,000
      Pending

      Two Detached Homes on Lot

      Two updated homes on one lot, ideal for large family.
      975 S Lincoln Ave, El Cajon, CA 92020
      View Details
    • $400,000

      El Cajon Specialty Property

      Specialty property available for sale in El Cajon, California.
      1998 E Chase Ave, El Cajon, CA 92020
      View Details
    • $400,000

      El Cajon Commercial Condo

      Commercial condo for sale, suitable for small business.
      1174 Broadway 102, El Cajon, CA 92021
      View Details
    • $215,000

      El Cajon Specialty Property

      Specialty property available for sale in El Cajon, California.
      1351 Pepper Dr, El Cajon, CA 92021
      View Details

    FAQs

    What type of property is this?
    Land - Development land with mixed zoning and potential for high density.
    Where is this land located?
    The property is located at Phase 2 Oak Creek Rd El Cajon, CA.
    What are key features of this property?
    This property features: - Phase 2 mapped for **11 lots on approx 44 acres.**; - Mixed zoning allows for **high-density development.**; - 9 lots will be annexed to public sewer.
    Request Owner's contact information
    Phase 2 Oak Creek Rd El Cajon, CA 92021
    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.
    Phase 2 Oak Creek Rd
    El Cajon, CA 92021
    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
    Phase 2 Oak Creek Rd El Cajon, CA 92021
    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!
    Listing Contact
    Mark Kniffing
    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!