26437 N Centre City Pky
Escondido, CA 92026
Land For Sale · 17.28 AC

This ±17.28-acre site presents an excellent development opportunity in Escondido, San Diego County, one of California’s most desirable markets. Situated within the jurisdiction of the County of San Diego, the current zoning permits one residential unit per acre. However, a future developer can take advantage of the state's density bonus law to potentially increase the development density, enhancing the project’s potential. The site is strategically positioned along the 78 Corridor, a major employment corridor in the region. Stretching over 17 miles, the 78 Corridor is a hub for prominent industries such as life sciences, technology, and innovation. Key cities within the corridor—including Escondido, Oceanside, Carlsbad, Vista, and San Marcos—are home to nearly 300,000 jobs and boast over 3.2 million square feet of Class "A" office and life science space. Leading employers in the area include Viasat, Genoptix, Palomar Hospital, Genentech, Gilead Sciences, Sparsha Pharma, Kaiser Permanente, DJO Global, Leidos, Watkins, Leica Biosystems, and LMI Aerospace. To the south, Rancho Bernardo adds an additional 2.7 million square feet of Class "A" office space and hosts major companies like Apple, Northrop Grumman, Broadcom, HP, and Amazon. Additionally, Palomar Health is investing in the region with a new $100 million, 120-bed behavioral health facility near its Escondido campus. Construction is set to begin in Q3 2024, with an expected completion timeline of about 18 months. This development further underscores the growing significance of the area as a key healthcare and employment center.