ActiveCommercial · sale

10340 Prospect

Santee, CA 92071

$899,900

  • 0.61 acres

Listed by AJGCRE · MLS #250044063SD

Listing status & updates
MLS last changed
Not supplied by this listing source
Availability last checked
No per-listing check is recorded

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10340 Prospect, Santee, CA 92071 · MLS #250044063SD

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A FEW THINGS TO NOTICE

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Property size

0.61 acres listed.

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THE PROPERTY

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**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: $899,900 - 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.

THE NEIGHBORHOOD

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10340 Prospect, Santee, CA 92071

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LOCAL MARKET CONTEXT

San Diego County housing market

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12-month price trend$918,018Up 1.5% vs. the previous 12 months
Months of supply2.812-month average
Days on market3312-month weighted average

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

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Property type
CommercialSale
Category
Commercial
Zoning
R-1:SINGLE
Parcel
3844102000
Annual property tax
$16,560.00
HOA fee
$0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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Listing information

MLS #250044063SD · California Regional MLS

Listing brokerage: AJGCRE
Listing agent: AJ George

Listing status: Active. MLS last changed: not supplied. Availability last checked: not recorded. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.