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Kevin Silverstein

[email protected] +1(619) 203-7041

$777,000

Est. payment - /mo

16.8 Acres Lot

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Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

Subdivision Fallbrook

MLS Listing ID SW26143744

Lot Size 16.800 Acres

Property Sub-Type Lots/Land

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 close to the property line.

Location

State CA

County San Diego

Direction Parcels border east and south of Rainbow Restaurant 16 acres down to the billboard 1/2 mile south on 395.

Interior

Fireplace No

Exterior

Utilities Available Cable TV, Electric, Natural Gas, Telephone

View Y/N No

Others

Senior Community No

Tax ID 1025301900

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

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Listed by Shane Strong, DRE#02248187 KW Temecula

Nearby School & Business

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Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities

0 Old Highway 395 Fallbrook, CA 92028

Kevin Silverstein

Key Details

Location

Interior

Exterior

Others

Nearby School & Business

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