Location and Property Overview

The subject property is located on the western edge of South Morro Hills in the City of Oceanside and represents the Village Core component of the North River Farms Planned Development Community, which includes 395 single-family homes.

The commercial site encompasses approximately 4.618 acres, including:

• Approximately 1.66 acres improved with a 10,000-square-foot Maker Building, to be delivered in shell condition.
• Approximately 1.922 acres of buildable commercial land, to be delivered as finished lots with grading completed and utilities stubbed.
• Approximately 1.034 acres of non-buildable habitat area, which is restricted to parking or event-space use and cannot be developed.

The commercial component is limited to a total of 25,000 square feet, inclusive of the 10,000-square-foot Maker Building. The commercial sites are positioned adjacent to park space and open-space areas.

Asking Price

• Maker Building and Open-Space Lot: $4,125,000
• Three Commercial Lots: $2,195,000
• Total Asking Price: $6,320,000