16556 Vesper Rd, Valley Center, CA 92082
This exceptional 118-acre property in Valley Center, California, presents a unique investment opportunity. Located at 16556 Vesper Rd, zip code 92082, in San Diego County, this expansive land parcel is zoned Agriculture (A-70), offering diverse development possibilities. The property boasts significant infrastructure, including four wells, three water meters, and nine water storage containers, ensuring ample water resources. Electricity is readily available throughout the property. An existing single-family home is situated on the land, and plans are currently in progress for the construction of an additional residence. A newly constructed small office structure is also present. Further development is anticipated, with plans for additional construction expected to receive approval in the first quarter of 2025. The existing septic system has the capacity to support a home with up to twelve bedrooms. This property's combination of existing structures, substantial water resources, and flexible zoning makes it an ideal investment for both agricultural and commercial ventures. The asking price is $1,995,000. Don't miss this chance to acquire a large, well-equipped property with significant growth potential in a desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.