$5,100,000
FOR SALEActive3050 Pio Pico Drive
Carlsbad CA 92008
5,589
SF
UnimprovedLand
Type
1973
Built
$913/SF
Cost/SF
Listing Agent
Robert Azimi
Listing Agent
DRE #: 02106082
Brokerage: Petrone Properties, Inc
Location Analysis
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
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
0.00%
Cap Rate
$117,244
NOI
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