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2200 Felicita Ave - South Escondido Development Opportunity 6.98 Acres of Commercial Land Offered at $13,945,024 CAD in Escondido, CA 92029
EXECUTIVE SUMMARY
The subject property is located at 2220 Felicita Road in Escondido, California.
The property is located with freeway frontage to Interstate 15 and is less
than two miles away from Interstate 78.
The subject property is located at 2220 Felicita Road in Escondido, California.
A yield study was completed for 89 townhomes averaging 1,444 square
feet. The previous owner started the preliminary project analysis with the
city for the 89-townhome development as part of a general plan amendment
and rezone. A buyer may take advantage of the work already completed by
the seller and move forward with approvals for the current plans, or there
may be an opportunity for additional units by attributing a percentage to
affordable units.
The property is located with freeway frontage to Interstate 15 and is less
than two miles away from Interstate 78.
The subject property is located at 2220 Felicita Road in Escondido, California.
A yield study was completed for 89 townhomes averaging 1,444 square
feet. The previous owner started the preliminary project analysis with the
city for the 89-townhome development as part of a general plan amendment
and rezone. A buyer may take advantage of the work already completed by
the seller and move forward with approvals for the current plans, or there
may be an opportunity for additional units by attributing a percentage to
affordable units.
PROPERTY FACTS
| Price | $13,945,024 CAD | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 6.98 AC |
| Property Type | Land | Cross Streets | I-15 |
| Zoning | RE-20 | ||
| Price | $13,945,024 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 6.98 AC |
| Cross Streets | I-15 |
| Zoning | RE-20 |
1 LOT AVAILABLE
Lot
| Price | $13,945,024 CAD | Lot Size | 6.98 AC |
| Price Per AC | $1,997,854.46 CAD |
| Price | $13,945,024 CAD |
| Price Per AC | $1,997,854.46 CAD |
| Lot Size | 6.98 AC |
238-102-41-00 | 6.02 Acres 238-102-45-00 | 0.96 Acres Total Acreage | 6.98 acres Net Acreage | 4.5 acres
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 CAD | |
| Land Assessment | $3,448,075 CAD | Total Assessment | $3,448,075 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$3,448,075 CAD
Improvements Assessment
$0 CAD
Total Assessment
$3,448,075 CAD
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2200 Felicita Ave - South Escondido Development Opportunity
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