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subject property Old Stage Rd S Main Ave 228 e. aviation road - fallbrook, ca potential 26 unit multifamily infill site with current income MARKO DRAGOVIC 760.929.7839 [email protected] DRE #01773106 E Aviation Rd AL APUZZO 760.448.2442 [email protected] DRE #01323215 o Zoned 15 Dwelling Units/Acre o 1.74 Acres o Self Storage or Senior Care with Major Use Permit ASKING PRICE: $1,099,000

subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

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Page 1: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

subjectproperty

Old

Sta

ge R

d

S M

ain

Ave

228 e. aviation road - fallbrook, capotential 26 unit multifamily infill site with current income

MARKO [email protected] #01773106

E Aviation Rd

AL [email protected] #01323215

o Zoned 15 Dwelling Units/Acre o 1.74 Acres o Self Storage or Senior Care with Major Use Permit

ASKING PRICE: $1,099,000

Page 2: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

22

LEE & ASSOCIATES HEREBY ADVISES ALL PROSPECTIVE PURCHASERS AS FOLLOWS:

The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Lee & Associates has not and will not verify any of this information, nor has Lee & Associates conducted any investigation regarding these matters. Lee & Associates makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.

As the Buyer of real estate, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this opportunity. Lee & Associates expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance or value of this property. The value of the property to you depends on factors that should be evaluated by you and your tax, financial, consultants and legal advisors. Buyer and Buyer’s tax, financial, legal, consultants and all advisors should conduct a careful, independent investigation of any property to determine to your satisfaction the suitability of the property for your needs.

Like all real estate, this property carries significant risks. Buyer and Buyer’s consultants, legal and financial advisors must request and carefully review all legal and documents related to the property. Any info provided including fees and costs are not guaranteed and should be verified by Buyer. These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any potential development or use of the property. By accepting this Marketing Brochure you agree to release Lee & Associates and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.

Page 3: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

contents4 aerials

7 location map

8 property information

9 education

10 plat map

11 conceptual attached residential site plan

12 conceptual attached architecture plans

16 alta survey

17 demographics

Page 4: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

aerial

Old Stage Rd

Old Stage Rd

S Main Ave

E Aviation Rd

4

N

subject property

Page 5: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

aerial

Date Ave

N

5

subject property

S Mission Rd

Old Stage Rd

Amm

unition Rd

E Fallbrook Rd

S Main Ave

Page 6: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

aerial

N

James E. PotterJr. High

La Paloma Elementary School

6

subject property

E Fallbrook St

Reche Rd

Stag

e Co

ach

Ln

Ammunition Rd

S Mission Rd

Page 7: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

77

OCEANSIDE

SAN CLEMENTE

CARLSBAD

ENCINITAS

SOLANA BEACH

DEL MAR

LA JOLLA

OCEAN BEACH

SAN DIEGO

CORONADO

CHULA VISTA

EL CAJON

LA MESA

ESCONDIDO

RAMONA

POWAY

ALPINE

SANTA YSABEL

JULIAN

SANTA ROSA & SAN JACINTO MOUNTAINS

MT LAGUNA

PINE VALLEY

BOULEVARD

OCOTILLO

MURRIETA

TEMECULA

SALTON CITY

VISTA

PALOMAR MOUNTAIN

CLEVELAND NATIONAL

FOREST

ANZA BORREGO DESERT STATE

PARK

USA/MEXICO BORDER

BORREGOSPRINGS

SANMARCOS

7 SALTON SEA

subjectproperty

N

location map

subjectpropertyFALLBROOK

E M

ission Rd

G

reen

Can

yon

Rd

E Fallbrook St

Reche Rd

S St

age

Coac

h Ln

S Mission Rd

subjectproperty

Page 8: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

8

property information

property status: The property is currently rented to residential and industrial tenants at $4,600 gross on a month-to-month basis.

density:15 Dwelling Units Per Acre

proposed use:Max 26 unit apartment/townhome development or senior care and self storage with major use permit.Click to view Conceptual Residential Plans

school district:Fallbrook Union Elementary School DistrictFallbrook Union High School District

services:Water/Sewer Fallbrook Public Utility DistrictGas/Electricity SDG&EFire North County Fire Protection DistrictPolice SD County Sheriff’s Department

PRICE:$1,099,000

location:Located at 228 E. Aviation Road in Fallbrook, California, the property is a buffer between existing commercial and residential neighborhoods. With schools, parks, and retail nearby, this site is ideally positioned in Downtown Fallbrook for a land banker, entitler or residential builder.

jurisdiction:County of San Diego

apn:104-132-35-00104-132-43-00104-132-44-00

acreage:1.74 Acres Gross

topography:Flat

zoning:RV (Variable Family Residential Use Regulations)Click to View RV Zoning

general plan:VR-15 (Village Residential)Click to View Land Use Element

Page 9: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

9

education

2

1

3

James E. Potter Junior High School1743 Reche RoadFallbrook, CA 92028

813 API

Fallbrook High School 2400 South Stage Coach LaneFallbrook, CA 92028

751 API

La Paloma Elementary School300 Heald Lane Fallrbrook, CA 92028

874 API

fallbrook union elementary school district

fallbrook union high school district

The Fallbrook Union Elementary School District serves a kindergarten through eighth grade student population at nine school sites, including two schools located on the United States Marine Corps Base at Camp Pendleton. Evidence of the quality of the educational program offered to students, all of our schools annually meet or exceed the State’s accountability markers of the Academic Performance Index. The District has also been recognized for winning the California School Board Association achievement of the Golden Bell for multiple programs.

The Fallbrook Union High School District, in partnership with the parents and community, offers all students educational opportunities that enable them to function effectively as citizens, life-long learners, consumers, and workers in a global society.

3

2

1

Source: https://www.fuesd.org/

Source: https://www.fuhsd.net/

subjectproperty

Page 10: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

10

plat map

Page 11: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

11

conceptual attached residential site plan

Page 12: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

12

conceptual attached residential floor plans

Page 13: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

13

conceptual attached residential unit plans

Page 14: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

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conceptual attached residential elevations

Page 15: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

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conceptual attached residential elevations

Page 16: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

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alta survey

Page 17: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

17

2019 demographics

population

18,753

average household income

$67,341

median household income

$54,202

total employees

5,770 total employees

7,997 total employees

9,156

estimated households

5,680 estimated households

10,610estimated households

15,290

average household income

$87,500

median household income

$70,983

average household income

$96,903

median household income

$76,990

population

32,357 population

46,857

5 miles3 miles1 mile

Page 18: subject property - LoopNet...These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for ... alta survey

Lee & Associates, Inc - North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com/sandiegonorth

for more information, please contact

AL [email protected] #01323215

MARKO [email protected] #01773106