1163 N 2nd St - Commercial LAND FOR SALE


El Cajon, CA 92021 57,935 SF
$5,700,000 USD
619-441-2500
1163 N 2nd St, El Cajon, CA for Sale
$5,700,000 USD
Commercial LAND - FOR SALE
1/11
57,935 SF

1163 N 2nd St
El Cajon, CA 92021


HIGHLIGHTS

  • CUP-approved for 148-room senior living facility
  • Includes 128 assisted living and 28 memory care beds
  • Clean Phase 1 environmental report completed
  • 62 covered parking spaces and landscaped courtyard
  • Strong demand study by Susan Brecht & Associates
  • City forecasts 27.1% senior population growth by 2050

OVERVIEW

This CUP-approved development opportunity presents a rare chance to acquire a fully entitled site for a large-scale senior living facility in the heart of El Cajon. With 148 rooms and 156 beds planned across assisted living and memory care, the project is designed to meet the growing demand for elder care in the region. The building’s thoughtful design includes a central courtyard, two balconies, and 62 covered parking spaces, enhancing both resident comfort and operational efficiency. The property benefits from a clean Phase 1 environmental report and a third-party demand study by Susan Brecht & Associates, a recognized leader in senior housing analytics. The City of El Cajon’s own demographic projections anticipate a 27.1% increase in the senior population by 2050, underscoring the long-term demand for quality care facilities. This site’s former use as a nursery and its rectangular configuration make it ideal for streamlined development. With entitlements in place and market indicators aligned, this offering is well-positioned for investors or operators seeking to capitalize on Southern California’s aging population.

FOR SALE DETAILS

PRICE

$5,700,000 USD

PRICE/ACRE

$4,285,714/AC

PRICE/SF

$98 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Commercial Land

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial

LAND ACRES

1.33 AC

LAND SF

57,935 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

C

APN/PARCEL ID

484-232-27

ASK ABOUT THIS PROPERTY

Robert GarmoNOVO PropMore Info
619-441-2500

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Robert GarmoNOVO PropMore Info
619-441-2500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.