10270 RIVERFORD RD,  LAKESIDE, CA 92040

Lot Number 0, 12.00 Acres, Riverford

$3,200,000


***Seller says bring all offers. Flexible Terms available ***This currently underimproved parcel located in the unincorporated area of San Diego County, is ready for your development. Highest and best use as an affordable housing condo project maximizing the density bonus program at 159 affordable units awaits.**** Not subject to State or Federal Guidelines, developer may charge rents in accordance with San Diego County s AMI of 80% allowing for a higher ROI. (State and Federal funding programs require 30-50% AMI target tenant, currently not available)**** San Diego County s commitment to affordable housing has generated a "fast track" permitting process which allows developers a high-speed lane from plan submission to breaking ground. Further, a maximum of development waivers are available**** Situated on 12 acres with a topography of moderate slope, the topography supports the development of 7 of the 12 acres, leaving 5 acres which can be dedicated to "Open/Mitigated space".



DETAILED INFORMATION
MLS#:230014118Price:$3,200,000
Listing Date:07-21-2023Original Price:$2,400,000
List Status:ActiveProperty Type:Lots/land
Days on Market:287Acres:12.00
Parcel Number:379-011-04-00Sign on Property:
Parcel Map Number:Thomas Brothers Map:
Tentative Map Number:Directions:
Lot Number:0Frontage Dim:
Grid:Lot Dim:
Subdivision:RiverfordLot Sqft:0
Community:LakesidePrice Per Sqft:N/A
Current Use:ResidentialLot Size:10+ To 20 Ac
Best Use:Possible SubdivisionLot Description:Easement Access,street Paved
Development:Other/remarksStructures:Out Buildings
Zoning:V (7.3)View
Sewer:Sewer ConnectedUtilities:Above Ground
Fence:FullUtilities Location:
Topography:Other/remarksFrontage:N/k
Water:Meter On PropertyWater District:
Association Fee:$0Assoc Includes:N/k
Assoc Fee Paid:Other Fees:$0
Other Fee Paid:Other Fee Type:N/k
Mello Roos:$0Mello Roose Paid:
Age Restrictions:N/kMiscellaneous:Value In Land
Additional Land Use:OrmksAmenities:N/k
Boat Facilities:Irrigation:N/k
Approved Plans:Loan Terms:
School District:Sale Terms:Conventional,Seller May Carry


HOW THIS LAND COMPARES TO NEARBY CURRENTLY FOR SALE
  ADDRESSSUBDIVISIONMARKET DAYSSQFTLIST PRICELIST PSQFT

  11320 EL NOPAL, LAKESIDE, CA 92040EUCALYPTUS HILLS1190 $1,950,000$0

   RIVERFORD RD, LAKESIDE, 92040Riverford287 $3,200,000$
FOR SALE AVERAGES:119 0 $1,950,0000


NEARBY SOLD LAND PREVIOUS 12 MONTHS
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT

  00 PALM ROW DR, LAKESIDE, CA 92040LAKESIDE FARMS810341075$170,000$0.4984
  0 TOWNS TERRACE, LAKESIDE, CA 0EUCALYPTUS HILLS9924394$235,000$9.6335
  11597 WOODSIDE TER, SANTEE, CA 0SANTEE500$325,000$0
  11597 WOODSIDE TER, SANTEE, CA 92071SANTEE500$325,000$0
  11595 WOODSIDE TER, SANTEE, CA 92071SANTEE500$325,000$0
  11595 WOODSIDE TER, SANTEE, CA 92071SANTEE500$325,000$0
  9540 MARILLA, LAKESIDE, CA 92040306382021$1,200,000$3.1412
   SERENA RD, LAKESIDE, CA 92040EUCALYPTUS HILLS4754885$600,000$10.9319
   OAK CREEK DR, LAKESIDE, CA 92040EUCALYPTUS314101059$135,000$1.3359
  9911 CHANNEL ROAD, LAKESIDE, CA 92040LAKESIDE359148$101,000$11.0407
  000 VALLE VISTA ROAD, LAKESIDE, CA 92040EUCALYPTUS HILLS18052707$150,000$2.8459

SOLD AVERAGES:181 137,898 $353,727$6




...LOADING



Listing Provided Courtesy of: Sharon J Heyden, Over the Top Realty.
Data Updated May 03 2024 04:54:44
Listing Last Modified:10-24-2023 18:08:49

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