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520 E Carmel

520 E Carmel
San Marcos, CA 92078
Availability: Price:$7,500,000 Parcel Size:4.93 AC
Shipping: Marcus & Millichap is pleased to present 520 E Carmel in San Marcos, California.
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Description





Agents

BEN TASHAKORIAN | SENIOR MANAGING DIRECTOR


Senior Director: Institutional Property Advisors (IPA)
License: CA 01333884
Dir: (858) 373-3176
Fax: (858) 373-3110
btashakorian@ipausa.com

BRAD PETERS | Associate


Managing Partner: Tashakorian Group
License: CA 02025155
Dir: (858) 373-3227
Cell: (805) 208-6210
brad.peters@marcusmillichap.com

Description

Marcus & Millichap is pleased to present The University Development at CSU San Marcos in North County San Diego. This nearly 5-acre site is zoned R-3-10, or Medium High Density Residential, allowing for 20 units per Acre, or 99 units on this site. The land is improved with a 41,000 single-tenant industrial building complete with a fenced yard. This building can be leased in the interim while a developer gets its permits and entitlements.

Features

  • 4.93 Acre Parcel Minutes from CSU San Marcos
  • CSU San Marcos is California‚Äôs Fastest Growing University
  • Land Zoned Medium Density Residential Allowing up to 99 Units
  • Adjacent to Barham Villas, a 168-Unit Complex with 97% Occupancy
  • 41,000 SF Single-Tenant Industrial Building On-Site
  • Very Rare 40,000 SF Fenced Yard Included in Offering

Offering Price

$7,500,000

Land AC

4.93 AC

Price Per AC

$1,475,000

Zoning

R-3-10 (San Marcos)

Units per AC

20

Maximum Units

99

Height Limit

45 Feet

Max Stories

3

Details

  • 22932273
  • Other
  • Price:$7,500,000 Parcel Size:4.93 AC
  • New

Shipping Information

  • Item Requires Shipping
  • Marcus & Millichap is pleased to present 520 E Carmel in San Marcos, California.

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