N 3rd St, El Cajon, CA 92019

$6,900,000

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List Price
$6,900,000
Days on Market
1
Status
ACTIVE
MLS#
PTP2608345
Lot Size(apprx.)
134,600
City
El Cajon
Property Type
Land

Property Description

Pleased to present a rare opportunity to acquire approximately 3.09 acres (134,600 SF) of mostly flat infill development land in the heart of El Cajon (92019 ZIP code), near the Granite Hills area. The property provides significant flexibility for residential and commercial development, including multifamily and mixed-use development allowed by right. With approximately 40 dwelling units per acre permitted, subject to final site design and buyer verification with the City of El Cajon, the property offers potential for apartments, townhomes, condominiums, senior housing, affordable housing, mixed-use, retail, office, medical, hotel, self-storage, or a combination of uses. The site features mostly flat and usable topography, strong road frontage, approximately four points of ingress and egress, nearby signalized intersections, and potential subdivision opportunities. Water, sewer, electricity, natural gas, internet/fiber, and fire hydrants are available nearby. Ideally positioned between Oakdale Avenue and East Madison Avenue, the property offers convenient access to Interstate 8, Highway 67, Downtown El Cajon, shopping, schools, medical facilities, and major employment centers. All zoning, density, unit counts, permitted uses, utilities, subdivision potential, development standards, and other property information should be independently verified by the buyer with the City of El Cajon and applicable agencies. Pleased to present a rare opportunity to acquire approximately 3.09 acres (134,600 SF) of mostly flat infill development land in the heart of El Cajon (92019 ZIP code), near the Granite Hills area. The property provides significant flexibility for residential and commercial development, including multifamily and mixed-use development allowed by right. With approximately 40 dwelling units per acre permitted, subject to final site design and buyer verification with the City of El Cajon, the property offers potential for apartments, townhomes, condominiums, senior housing, affordable housing, mixed-use, retail, office, medical, hotel, self-storage, or a combination of uses. The site features mostly flat and usable topography, strong road frontage, approximately four points of ingress and egress, nearby signalized intersections, and potential subdivision opportunities. Water, sewer, electricity, natural gas, internet/fiber, and fire hydrants are available nearby. Ideally positioned between Oakdale Avenue and East Madison Avenue, the property offers convenient access to Interstate 8, Highway 67, Downtown El Cajon, shopping, schools, medical facilities, and major employment centers. All zoning, density, unit counts, permitted uses, utilities, subdivision potential, development standards, and other property information should be independently verified by the buyer with the City of El Cajon and applicable agencies.

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Listing courtesy of Listing Agent: Athir Markos (619-504-7999) from Listing Office: Coldwell Banker West.

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