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305 Inkopah Park Road

Jacumba, CA 92259
  • $1,500,000
  • STATUS: ACTIVE
  • ON SITE: 10 Days
  • ID#: 220011132
$1,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Description

This offering consists of 2 APNs 030 is 3.19 acres and has an existing freeway billboard with a Ground Lease in place with Lamar Advertising Company; and 037 is 25.6 acres with M-1 zoning which allows for Cannabis cultivation. The two parcels are offered together. This is a unique opportunity allowing the new owner to collect ground lease rent from the existing Billboard while developing the adjacent parcel for its highest and best use. Note: this corner of Imperial County is located in the far western edge, up the grade, in the community of Jacumba Hot Springs, and sits at approximately 3,400' elevation where all four seasons can be experienced. This location is secluded with very little local traffic however CalTrans reports over 30,000 daily vehicle traffic via Interstate 8 which has entrances and exits in both directions.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.coastalhomesbytiffany.com/homes/128495791
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305 Inkopah Park Road Jacumba, CA 92259

  • Price: $1,500,000
  • Status: ACTIVE
  • On Site: 10 Days
  • ID#: 220011132
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
Imp Cty-Ocotillo (92259)
County:
Imperial
Area:
Imp Cty-Ocotillo (92259)
Property Description
This offering consists of 2 APNs 030 is 3.19 acres and has an existing freeway billboard with a Ground Lease in place with Lamar Advertising Company; and 037 is 25.6 acres with M-1 zoning which allows for Cannabis cultivation. The two parcels are offered together. This is a unique opportunity allowing the new owner to collect ground lease rent from the existing Billboard while developing the adjacent parcel for its highest and best use. Note: this corner of Imperial County is located in the far western edge, up the grade, in the community of Jacumba Hot Springs, and sits at approximately 3,400' elevation where all four seasons can be experienced. This location is secluded with very little local traffic however CalTrans reports over 30,000 daily vehicle traffic via Interstate 8 which has entrances and exits in both directions.
Property Features

Business Name Billboard Business Type Industrial WarehouseLight Industrial Mfg Gross Annual Sales 10000 Have Ground Lease Lease Expires 2026-10-10 Lease Type Ground Mandatory Remarks None Known Motive Want Cash Present Loan None Sale Includes LeasesLand Sales Restrictions N/K Short Sale No Type Of Business Advertising

San Diego MLS logo Listing provided courtesy of H&H Real Estate. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Tiffany Torgan | Prestige Properties Enterprises
7855 Ivanhoe Ave. Suite 210
La Jolla CA, 92037