5 Highway 76 $2,000,000


    5 Highway 76 Pauma Valley, CA 92061

    • 5.00 Acres
    • Land
    • MLS# 200048301
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    Views: 24 Days On Market: 246

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    Property Details

    Commercial corner with nice traffic levels. Raw land w mostly olive trees. Possibilities are huge with 4 casinos within easy driving distance. Located at intersection of 2 highways (Hwy 76 and S-6), with new roundabout. Desirable visibility. Located just 3 minutes from Harrah's Casino. See Supplement. An experienced local grading contractor inspected subject property and reports his findings below. What he describes as negative should be considered in view of the overall value of the location, commercial zoning and property. I looked at the subject property yesterday afternoon'¦..BEAUTIFUL Commercial Site and already 'C-36'. You should call ------------ Nursery, Inc to see what the value of the Olive and Other Trees (are worth to them to buy) as many will need to be gone in order to maximize the future commercial site. ...(they) transplant (high dollar) trees all over Southern CA. ... I envision 'raising up' the frontage road section of say 3.5 Acres leaving 1.5 Acres for the leach field to the level of SR-76 and S-6 with trucked in fill dirt. This would probably run close to $100-K including the site prep work, this may be offset mostly from the sale of the (excess) trees. There is major drainage (from the new roundabout) currently running thru the center of the property. This part should be 'studied and calc'd' by a Civil Engineer for a definitive answer for the method, costs and how it may impact the leach field.

    • General Features
      • Association Fee 0.00
      • Buyer Compensation $ 3.000
      • County Or Parish San Diego
      • Subdivision Name Pauma Valley
    • Property Features
      • Topography Slope Gentle
      • Lot Size Acres 5
      • Fencing None



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    Property History

    Date Event Price Percent Change
    -- Current Price Source New Value: $2,000,000
    10/11/2020 3:20:00 PM New in Database Source New Value: $2,000,000

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    Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.