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545 W Aviation Rd

8.96 Acres of Residential Land Offered at $8,469,825 CAD in Fallbrook, CA 92028

Investment Highlights

  • Potential for 200 apartments on 8.96 acres.
  • Convenient access to Riverside County, Camp Pendleton, and I-15 freeway.
  • VR Zoned allowing for 24 units per acre.
  • All utilities are currently available onsite.

Executive Summary

Large Multi-Family Land Development opportunity. VR Zoning for 24 units to the acre. Potentially 200 units to be built. The property has two legal lots, which allows the property to be developed in phases. Fallbrook has extremely low vacancy. Adjacent property is a County pocket park with a playground. Less than a 4-minute walk to Fallbrooks largest shopping center. This is the largest remaining parcel of any zoned property within the Town Core. Two buildings on the property, please do not bother tenants. All utilities on site including a 1.5-inch water meter. Phase 1 and Phase 2 study completed. Located within a 5-minute walk to the back gate to Camp Pendleton. Could be a condo project. Convenient access to Riverside County, Camp Pendleton, and the I-15 freeway. Ideal for investors.

Attachments

Brochure

Property Facts In Escrow

Price $8,469,825 CAD
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Residential
Total Lot Size 8.96 AC

1 Lot Available

Lot

Price $8,469,825 CAD
Price Per AC $945,293 CAD
Lot Size 8.96 AC

Zoned 24 units to the acre. Over 200 units can be built for multi family construction. Very gentle property. 2 legal parcels. Located close to the back gate at Camp Pendelton. Walking distance to the largest shoping center. All utilities to site.

Description

Introducing 545 W Aviation Road, a multi-family land development opportunity in Fallbrook, CA 92054. Spanning 8.96 acres, this property offers an ideal location and enticing features, making it an excellent investment for developers and investors. Situated adjacent to a public park with a playground, residents will have easy access to green spaces and recreational activities. Families and individuals can enjoy outdoor leisure right at their doorstep, fostering a vibrant and family-friendly community atmosphere. Convenience is key, as Fallbrook's largest shopping center is a short four-minute walk away. This proximity ensures residents have a plethora of shopping, dining, and entertainment options at their fingertips. From daily necessities to leisurely indulgences, everything is within easy reach, enhancing the overall appeal of the property. An added advantage of this property is the presence of all utilities onsite. With water, electricity, and sewer connections already available, developers can save valuable time and resources during the construction phase. The existing infrastructure further enhances the property's development potential, making it an enticing opportunity for a multi-family project. Zoned for 24 units to the acre, this property offers substantial potential for multi-family development. The expansive land area allows for the creation of a significant number of residential units, catering to the growing demand for housing in the area. Capitalizing on the favorable zoning, developers can maximize the property's potential and meet the needs of prospective residents, ensuring a prosperous venture. In summary, 545 W Aviation Road presents an exceptional multi-family land development opportunity in Fallbrook, CA. With its adjacency to a public park, a short walk to the largest shopping center, convenient access to major transportation routes, availability of utilities onsite, and favorable zoning for high-density development, this property is poised for success. Don't miss out on the chance to shape the future of this remarkable land parcel and capitalize on the thriving real estate market in Fallbrook.

Walk Score ®
Very Walkable (72)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 104-161-01
  • 104-100-09
Land Assessment
$826,419 CAD
Improvements Assessment
$0 CAD
Total Assessment
$826,419 CAD

zoning

Zoning Code R-1
R-1
  • Listing ID: 23991586

  • Date on Market: 2021-08-27

  • Last Updated:

  • Address: 545 W Aviation Rd, Fallbrook, CA 92028

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