5 Acs Highway 76 #26

Pauma Valley, CA 92061
$2,000,000
For Sale • 132 days
5.00
Acres

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 calc’d” by a Civil Engineer for a definitive answer for the method, costs and how it may impact the leach field."

DETAILS

  • Type: Land
  • $/Acre: $0
  • Community: Pauma Valley
  • Neighborhood: Rincon
  • MLS#: 200048301

Lot Details

LOT DETAILS

  • Lot Size: 4+ to 10 AC
  • 5.00 Acres
  • Topography: Slope Gentle

Other Information

FINANCING TERMS

  • Cash
  • Conventional

LOCATION

  • Community: Pauma Valley
  • Neighborhood: Rincon
  • City: Pauma Valley
  • County: San Diego
  • APN#: 133-050-26-00

Property History

DATE EVENT & SOURCE PRICE
Listed (Active)
SDMLS
MLS# 200048301
$2,000,000

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Listed by Bob Hunsaker • DRE Lic #01150606 • Krueger Realty
Last updated 1 hour ago • Source: SDMLS