$1,250,000
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29.03 Acres Lot
SOLD DATE : 02/10/2022
Key Details
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 190007032
Sold Date 02/10/22
HOA Y/N No
Lot Size 29.030 Acres
Property Description
This is one of two parcels totaling approx. 60 acres offered at ($1,750,000 for both parcels 08 and 02 that makeup the new subdivision "Rancho Nuevo" with an Approved Tentative Map & Final Map Filed for 13 buildable lots.) This parcel sits within Rancho Palo Verde and has back gate access to Palo Verde Ranch and amenities. HOA's will need to be negotiated with as acres have not been annexed in. Buyer to establish fees with HOA's. The Seller is willing to allow the parcels to be sold separately for two small projects. If this parcel sells on it's own, buyer will need to do a lot split of up to four lots or work with the county on a new subdivision for 5 lots as sold separately voids the current TM across both parcels. Seller, former SFR developer, may consider selling his share and allowing capable credit worthy buyer assuming partner's estate financing with Union Bank at approx. $900,000. All details need to be proven and investigated by buyer & buyer's agent to buyer's satisfaction. IF sold separately TM over both parcels would be void.
Location
State CA
County San Diego
Area 91901 - Alpine
Interior
Fireplace No
Exterior
Present Use Commercial
Building
Lot Description Gentle Sloping
Others
Tax ID 5200600800
Financing Cash
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Bought with Lesha Montoya • Pacific Coast Commercial