945 Heritage Rd San Diego, CA 92154
This exceptional investment opportunity presents 26.23 acres of prime industrial land in San Diego County, California. Located at 945 and 981 Heritage Rd, San Diego, CA 92154, this property comprises two parcels totaling approximately 26.23 acres of usable land. Currently generating income through short-term leases with multiple tenants, this offering presents significant upside potential. The IL-2-1 (Light Industrial) zoning allows for a wide range of industrial uses, including those that may generate moderate to high nuisance characteristics, accommodating traditional industrial operations and outside storage. A unique grandfathered use permits auto dismantling and storage, a highly sought-after feature in this market. The high demand for industrial land of this size and with these permitted uses in San Diego County makes this a truly rare and compelling investment opportunity. The asking price for this exceptional property is $35,000,000. This is a chance to acquire a substantial industrial land holding in a thriving market with significant potential for future growth and development. Don't miss this opportunity to secure a valuable asset in a highly competitive market.
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.