$2,000,000

5 Highway 76

Pauma Valley CA, 92061

Description

Commercial corner with nice traffic levels. Raw land w mostly olive trees. Possibilities are huge with 4 casinos within easy driving distance. Located at intersection of 2 highways (Hwy 76 and S-6), with new roundabout. Desirable visibility. Located just 3 minutes from Harrah's Casino. See Supplement. An experienced local grading contractor inspected subject property and reports his findings below. What he describes as "negative" should be considered in view of the overall value of the location, commercial zoning and property. "I looked at the subject property yesterday afternoon..BEAUTIFUL Commercial Site and already C-36. You should call ------------ Nursery, Inc to see what the value of the Olive and Other Trees (are worth to them to buy) as many will need to be gone in order to maximize the future commercial site. ...(they) transplant (high dollar) trees all over Southern CA. ... I envision raising up the frontage road section of say 3.5 Acres leaving 1.5 Acres for the leach field to the level of SR-76 and S-6 with trucked in fill dirt. This would probably run close to $100-K including the site prep work, this may be offset mostly from the sale of the (excess) trees. There is major drainage (from the new roundabout) currently running thru the center of the property. This part should be studied and calcd by a Civil Engineer for a definitive answer for the method, costs and how it may impact the leach field." Other Fees: 0

Details

MLS#200048301
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site212

Features

ZoningC-36
Acreage5.00
Water FrontNo

Market Activity 92061

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Area Information
StateCA
CountySan Diego
CityPauma Valley
Zip Code92061
Area92061 - Pauma Valley
Community NamePauma Valley
Listing VS Median (in Pauma Valley)
Price:
$2,000,000
low | high
Med:
$714,000
100% of Average
On Site:
212
low | high
Med:
115
100% of Average
Sourced by Back At You
Listing Updated: May 10, 2021 7:14:59 AM PDT
Bob Hunsaker LogoMLS Number: 200048301
Listing Provided By:
Bob Hunsaker  of  Krueger Realty
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