0 Prospect Ave, Santee, CA 92071

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Property Description

**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.


Interior Features

Bedroom Information
Bedrooms N/A

Listing Information

Address 0 Prospect Ave
City Santee
State CA
Zip 92071
County San Diego
Listing Agent AJ George DRE #01353648
Courtesy Of AJGCRE, Inc.
List Price $625,046
Status Active
Type Commercial
Structure Size N/A
Lot Size 26,572

Listing information courtesy of: AJ George, AJGCRE, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 6:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.