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$5,100,000

FOR SALEActive

3050 Pio Pico Drive

Carlsbad CA 92008

5,589

SF

UnimprovedLand

Type

1973

Built

$913/SF

Cost/SF

131 days on marketNalren refreshed

Listing Agent

Robert Azimi

Listing Agent

DRE #: 02106082

Brokerage: Petrone Properties, Inc

Location Analysis

MapProperty Location

About This Property

Prime Development Opportunity in Carlsbad California 35,719 SQFT of FLAT lot in close proximity to I-5 Freeway. Ideal location for a Motel mixed use development. Within a short walking distance to the Village of Carlsbad. Feasibility study is attached. Property has a parking sharing agreement with next door property, see attachment. The two restaurants have 5 year leases but one of them owes back rents due to COVID. Property is sold "AS IS' no inspection contingency. The Listing Agent has ownership interest in the property

Property Information

Property Overview

Commercial - UnimprovedLand

Property Type

Active

Status

C2

Zoning

35719 acres

Lot Size

2

Total Units

5,589 SF

Square Footage

$912.51/SF

Price per SF

0.00%

Cap Rate

$117K

NOI

1,973

Year Built

1

Stories

67

Parking Total

11.99

Parking Ratio

Property Highlights

N/A Property

Prime Location with High Visibility

0% Cap Rate

Location Analysis

Map

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