0 Highway 67 Poway, CA 92064
This expansive 434.47-acre property in Poway, San Diego County, California, presents a unique investment opportunity. Situated in the Iron Mountain Range, it boasts approximately 4,200 feet of frontage along Highway 67, a major thoroughfare with over 25,000 cars passing daily. Access to Poway Road, leading to Poway's residential, commercial, and industrial areas, and the I-15 freeway interchange, further enhances its strategic location. The property comprises six adjoining parcels (APN's: 322-011-05, 06; 322-040-03, 04, 16; 322-041-06) zoned Rural Residential - A. A portion of the popular Iron Mountain hiking trail, including its parking lot, is located on the property, with easements granted on three parcels. The owner retains the right to relocate the parking lot easement. The land features diverse topography, with the flattest area situated in the southwest corner. The asking price is $6,500,000, translating to approximately $0.34 per square foot. This substantial acreage offers significant potential for various development or conservation endeavors. High daily traffic counts on both Highway 67 (25,000+) and Poway Road (40,000+) provide exceptional visibility and accessibility.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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