511-014 Vacant Madison Avenue - Commercial LAND FOR SALE


El Cajon, CA 92021 134,600 SF
$6,900,000 USD
619-861-3939
511-014 Vacant Madison Avenue, El Cajon, CA for Sale
$6,900,000 USD
Commercial LAND - FOR SALE
1/32
134,600 SF

511-014 Vacant Madison Avenue
El Cajon, CA 92021


HIGHLIGHTS

  • ±3.09 Acres / 134,600 SF of Mostly Flat Infill Land
  • Multifamily & Mixed-Use Development Allowed by Right
  • Approx. 40 Dwelling Units Per Acre, Subject to City Verification
  • Potential for Apartments, Townhomes, Condos, Senior Housing & Mixed Use
  • Strong Road Frontage & Approximately Four Points of Ingress/Egress
  • Potential Subdivision Opportunity

OVERVIEW

Rare opportunity to acquire approximately ±3.09 acres (134,600 SF) of mostly flat infill development land in the heart of El Cajon, near the Granite Hills area. Offered at $6,900,000, 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.

FOR SALE DETAILS

PRICE

$6,900,000 USD

PRICE/ACRE

$2,233,010/AC

PRICE/SF

$51 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

El Cajon Development Opportunity

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Commercial, Retail, Office, Mixed Use, Multi-Family, Apartment Units, Apartment Units - Condo, Apartment Units - Senior, Apartment Units - Subsdzd, Medical, Open Space, Retail Warehouse, Self-Storage, Storefront Retail/Office

LAND ACRES

3.09 AC

LAND SF

134,600 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Cable, Telephone

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Michael ChenavoColdwell Banker Commercial-WestMore Info
619-861-3939

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Michael ChenavoColdwell Banker Commercial-WestMore Info
619-861-3939

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