5662 Otay Valley Rd San Diego, CA 92154
- Manufacturing properties
- 4.86 lot acres
Current Use by Public Records
- HOFER CORPORATION / Demolition Contractor / Excavating Contractor
- Landstar / Trucking Company
- Hofer Grease Pumping Services / Business To Business Service
Property Details for 5662 Otay Valley Rd
- Lot size
- 4.86 lot acres
- Zone code
- INDUSTRIAL (M ZONE)
- Property type
- Manufacturing properties
- APN
- 645-030-08-00
- APU
- 6450300800
Description
This exceptional 25-acre property, located at 5662 Otay Valley Road in San Diego, CA 92154, presents a unique investment opportunity. Situated on the Chula Vista/Otay border, this fee-simple land (APN 645-030-05) is currently utilized for light industrial storage, offering immediate income potential for an owner-user. However, its zoning allows for future residential development, providing significant long-term growth prospects. The property boasts convenient access to major transportation arteries and is strategically positioned near key landmarks. Its proximity to Brown Field Airport to the northeast, Heritage Road frontage to the west, and its location south of Sesame Place San Diego theme park and the North Island Credit Union Amphitheatre, ensures high visibility and accessibility. The asking price for this expansive parcel is $16,800,000. This presents a rare chance to acquire a substantial land holding with both immediate income potential and significant future development upside in a rapidly growing area of San Diego County. The property's versatility and prime location make it an ideal investment for both experienced developers and savvy owner-users seeking a strategic foothold in the San Diego market. Don't miss this exceptional opportunity to secure a piece of San Diego's thriving real estate landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $265,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $230,000
- 7%
- $240,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $260,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $225,000
- Retail
- $210,000
- Mixed-Use
- $290,000
- Hospitality
- $275,000
- Educational
- $220,000
- Residential Income
- $225,000
- Energy
- $225,000
- Income-Based Land
- $280,000
- Food Service
- $215,000
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -116.998
- Latitude
- 32.5811
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
