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JLee Broker

[email protected] +1(650) 857-1000

Listed by Shane Strong, DRE #02248187 • KW Temecula

$777,000

Est. payment - /mo

16 Sqft Lot

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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSW26143744

Lot Size 16 Sqft

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the north side of the Rainbow Restaurant then south and east, on Historic Old Highway 395. These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2,000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The advertising potential is just icing on the cake. Water, gas, electric are all extremely to the property line.

Location

State CA

County San Diego

Area 92028 - Fallbrook

Zoning LZ

Exterior

Utilities Available Electricity - On Site, Telephone - Not On Site

View Hills, 34, Forest / Woods, Orchard

Building

Water District - Public

Others

Tax ID 1025301900

Special Listing Condition Not Applicable

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Nearby School & Business

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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0 Old Highway 395 Fallbrook, CA 92028

JLee Broker

Key Details

Location

Exterior

Building

Others

Nearby School & Business

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