Millman Team Real Estate

$625,046
0.61 Acre Lot

0 Prospect Ave, Santee, California 92071

  • Commercial Sale Property Type
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.

Basic Details
Commercial Sale
For Sale
240000285SD
$625,046
0.61 Acre
Active
Features
$0
Address Map
CA
San Diego
Santee
92071
Prospect Ave
W118° 59' 27.3''
N32° 49' 55.5''
92071 - Santee
R-1:SINGLE
Additional Information
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$0
$0
$0
$0
: Unimproved, Industrial, Commercial, Recreational
: Level
135 x 252
2024-01-11
https://www.propertypanorama.com/instaview/snd/240000285
Broker/Agent Information
AJGCRE
AJ George
Financial
16065.0
Listing Information
SAND-629283
SAND-3578
Active
2025-05-06T18:42:46Z
CRMLS
2025-05-05T17:00:00Z
Agent info
Ray Millman
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