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$1,895,000
Est. payment /mo
0.35 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2604200
Lot Size 0.350 Acres
Lot Dimensions 0.35 Acres or 1
Property Sub-Type Lots/Land
Property Type Lots/Land
Property Description
The subject property is located off South Santa Fe Ave in the heart of downtown Vista, within the vibrant and well-known Vista Village, and presents a compelling opportunity within a designated Opportunity Zone. This designation offers potential tax advantages for investors, including deferral and possible reduction of capital gains, making the project especially attractive for long-term investment strategies. Conceptual design studies by a well-known architect have outlined a plan for a 39-unit mixed-use development, incorporating residential units along with ground-floor commercial space to complement the areas walkable, urban character. The proposed design envisions a cohesive project that aligns with the ongoing revitalization of downtown Vista. A buyer may choose to capitalize on both the Opportunity Zone benefits and the groundwork already completed by the seller, moving forward with entitlements for the existing mixed-use concept, or explore alternative development approaches that maximize the sites zoning and investment potential. Please contact Stevie Berman at (408) 202-0611 for more information.
Location
State CA
County San Diego
Direction ...
Interior
Fireplace No
Exterior
View Y/N No
Others
Senior Community No
Tax ID 1790512000
Acceptable Financing Cash, Conventional, Exchange, Land Contract
Listing Terms Cash, Conventional, Exchange, Land Contract
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Listed by Steven Berman, DRE#02242051 Lee & Associates
Nearby School & Business
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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