Santee Contractor Storage Potential (LAND)

1.34 Acres of Commercial Land in Santee, CA 92071

Date Added:
May 17, 2024
Days on Market:
28 days
Sale Condition
1031 Exchange
Property Type
Land

Listing Contacts

AJ George
AJ George
Verified Profile
  • Property Info

Property Overview

**Prime Commercial Land Opportunity in San Diego County**
Discover a rare investment opportunity in San Diego County! We present two commercial parcels, each with a potential high cap rate for land development. The FAA has a preliminary approval approved for storage/equipment parking use on these vacant lots, totaling 1.34 acres.
**Key Features:**
- Parcel 1 (APN 384-410-76-00): 31,798 sq. ft.
- Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft.
- FAA Preliminary Approval for Storage Use
- Gillespie Field Overlay Zone
- Light Industrial Zoning
- Triple Net Lease Option: $8,500 for both parcels
- Individual Parcel Lease Rates: $3,719 (Parcel 1) and $4,451 (Parcel 2)
- Convenient Ingress and Egress on West Side (East May be Availble)
**Additional Information:**
- The adjacent parcel, grandfathered for two single-family residences, may be available for sale. Call the Agent for details and/or to submit an offer.
- Located in the Gillespie Field Compatibility Zone, ensuring strategic development.
- Check the Gillespie Community Land Use Plan (Page 32), and Gillespie Field Compatibility Plan (Pages 71-72, 107-112) for detailed zoning insights.
**Sales Details:**
- Total Sales Price: $1,395,000
- Acreage: 1.34 acres (58,369 sq. ft.)
**Important Notes:**
- No structures can be built under the Gillespie Community Land Use Plan and avigation easement on this particular property.
- Verify all information with the FAA, the County of San Diego, and the city of Santee for approvals.
For inquiries and details, contact our dedicated agent. Explore this exceptional opportunity to invest in San Diego County's thriving commercial landscape.

Property Details

Property Subtype
Commercial

Highlights

  • 1.34 Flat Acreage
  • Parcel 1 (APN 384-410-76-00): 31,798 sq. ft.
  • Parcel 2 (APN 3385-410-20-00): 26,571 sq. ft.
  • FAA Preliminary Approval for Storage Use
  • Gillespie Field Overlay Zone
  • Light Industrial Zoning

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