522 2ND AVE,  ESCONDIDO, CA 92025

Lot Number 6, 0.14 Acres, Mercado District

$699,950


Discover an exceptional development opportunity in the thriving Escondido Mercado District located at 522 W 2nd Ave. This prime approximately 6,000 sq. ft. lot is strategically situated near bustling Grand Avenue and Centre City Parkway. It offers excellent road visibility and access on three sides. This jewel of a lot is surrounded by dynamic new and emerging commercial and multifamily developments. It is conveniently located between Mi Guadalajara Mexican restaurant and Swami s Cafe Escondido. This property boasts a central location with pedestrian access to various dining and retail options, and transit availability. The ample lot is ideal for specialty shops that uphold an exciting Mercado experience or a mixed-use project. Key Features: One of very few lots for sale in the desirable Mercado District. Excellent location situated approximately two blocks from the Transit Station and approximately one-half a mile from California Center for the Arts. Surrounded by new commercial and multifamily developments. Lucratively zoned for Mercado mixed use with potential for various development opportunities. Previous structures have been cleared, providing a blank canvas for your vision. At I15 take Valley Parkway exit and head east to find this promising lot on West 2nd Avenue. Embrace the potential of this centrally located property and join the dynamic growth of the Mercado District. If you envision a positive image for the neighborhood and are looking to build thriving and lively specialty shops, or a mixed-use development, or a multifamily project.



DETAILED INFORMATION
MLS#:240013462Price:$699,950
Listing Date:06-13-2024Original Price:$699,950
List Status:ActiveProperty Type:Lots/land
Days on Market:5Acres:0.14
Parcel Number:233-022-10-00Sign on Property:
Parcel Map Number:00033Thomas Brothers Map:
Tentative Map Number:Directions:
Lot Number:6Frontage Dim:
Grid:Lot Dim:
Subdivision:Mercado DistrictLot Sqft:5886
Community:North EscondidoPrice Per Sqft:N/A
Current Use:Lot Size:4,000-7,499 Sf
Best Use:Lot Description:
Development:Structures:
Zoning:INDUSTRIALView
Sewer:Utilities:Electric,natural Gas,telephone,other/remarks
Fence:FullUtilities Location:
Topography:LevelFrontage:N/k
Water:AvailableWater District:
Association Fee:$0Assoc Includes:
Assoc Fee Paid:N/kOther Fees:$0
Other Fee Paid:Other Fee Type:
Mello Roos:$0Mello Roose Paid:
Age Restrictions:N/kMiscellaneous:
Additional Land Use:Res/business Use OkAmenities:
Boat Facilities:Irrigation:N/k
Approved Plans:Loan Terms:
School District:Sale Terms:Cal Vet,Cash,Conventional,FHA,VA


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

  542 2ND, ESCONDIDO, CA 92025963700 $399,999$108
  411 ESCONDIDO BLVD, ESCONDIDO, CA 92025ESCONDIDO1914109 $1,170,000$83
  1221 ESCONDIDO BLVD, ESCONDIDO, CA 920255140 $450,000$0

   2ND AVE, ESCONDIDO, 92025Mercado District5 $699,950$
FOR SALE AVERAGES:210 8,905 $673,333$96


NEARBY SOLD LAND PREVIOUS 12 MONTHS
  ADDRESSSUBDIVISIONMARKET DAYSSQFTSOLD PRICESOLD PSQFT

  540 GRAND AVENUE, ESCONDIDO, CA 92025ESCONDIDO NEAR TRANSIT CENTER, I-1599528000$2,800,000$100.0000
   JESMOND DENE RD. 43,44,45 & 46, ESCONDIDO, CA 92026JESMOND DENE221312325$650,000$2.0812
  411 ESCONDIDO BLVD., ESCONDIDO, CA 92025ESCONDIDO53014000$280,000$20.0000
  422 SPRUCE ST, ESCONDIDO, CA 0SOUTH BOULEVARD284006$85,000$21.2182
  422 SPRUCE ST, ESCONDIDO, CA 92025SOUTH ESCONDIDO284006$85,000$21.2182
  422 SPRUCE STREET, ESCONDIDO, CA 92025TULIP803484$45,000$12.9162
  209 TULIP ST, ESCONDIDO, CA 92025RANCHO RINCON DEL DIABLO1330$500,000$0
  209 TULIP, ESCONDIDO, CA 92025SOUTHWEST ESCONDIDO3290$265,000$0
  201 WASHINGTON, ESCONDIDO, CA 92025EAST ESCONDIDO1450$125,000$0
  438 10TH AVE, ESCONDIDO, CA 92025SOUTHWEST ESCONDIDO716682$185,000$27.6863
  337 E VALLEY PKWY, ESCONDIDO, CA 92025DOWNTOWN ESCONDIDO15721432$1,580,000$73.7215
  350 JUNIPER ST, ESCONDIDO, CA 92025OLD HISTORIC ESCONDIDO399494$380,000$40.0253
  1102 ESCONDIDO BLVD, ESCONDIDO, CA 92025ESCONDIDO12015512$1,130,000$72.8468
  1102/1104 ESCONDIDO BLVD, ESCONDIDO, CA 92025ESCONDIDO34423208$430,000$18.5281
  630 JUNIPER, ESCONDIDO, CA 920252910208$260,000$25.4702
  630 JUNIPER ST, ESCONDIDO, CA 92025RANCHO RINCON DEL DIABLO4010209$585,000$57.3024
  243 10TH AVENUE, ESCONDIDO, CA 92025OLD ESCONDIDO NEIGHBORHOOD527000$210,000$30.0000
  912 PARK HILL DR, ESCONDIDO, CA 92025467840$230,000$29.3367
  829 4TH AVE., ESCONDIDO, CA 92025OLD ESCONDIDO247623$155,000$20.3332
  829 4TH AVE, ESCONDIDO, CA 92025OLD ESCONDIDO17623$180,000$23.6128
  1369 11TH, ESCONDIDO, CA 92029127385941$970,000$2.5133
  1600 ESCONDIDO BLVD, ESCONDIDO, CA 92025ESCONDIDO1710$2,790,000$0
  910 LUNA VISTA DRIVE, ESCONDIDO, CA 92025ESCONDIDO8538355$275,000$7.1699
   SUNSET HILLS, ESCONDIDO, CA 92025RANCHO SAN BERNARDO1080$220,000$0
  0 GREEN MOUNTAIN LANE, ESCONDIDO, CA 9202517287120$350,000$4.0174
  0 RANCHITO, ESCONDIDO, CA 9202512743996$380,000$8.6371
  0 VIA SINSONTE, ESCONDIDO, CA 92025173458686$585,000$1.2754
   SOUTH REDWOOD, ESCONDIDO, CA 92025ESCONDIDO13015781$257,000$16.2854
   PEET, ESCONDIDO, CA 9202551144619$430,000$2.9733
  0 LASLO, ESCONDIDO, CA 92025817272$151,000$8.7425
   ROYAL CREST, ESCONDIDO, CA 9202518057934$430,000$7.4222
   VERDA AVE, ESCONDIDO, CA 9202517422215$255,000$11.4787
  1 HIGHLAND MESA, POWAY, CA 920253403445596$500,000$0.1451
  0 OLD SURVEY ROAD, ESCONDIDO, CA 92025SAN PASQUAL VALLEY3430$345,000$0
  0 VERDA 3384, ESCONDIDO, CA 92025ESCONDIDO970$175,000$0
  0 PUEBLA, ESCONDIDO, CA 92025LONGVIEW ACRES241178596$305,000$1.7078
  0 PEET LN., ESCONDIDO, CA 92025SOUTH ESCONDIDO970$350,000$0
   RYAN DR, ESCONDIDO, CA 92025SOUTH ESCONDIDO27553143$155,000$2.9167
  0 PUEBLA, ESCONDIDO, CA 92025SOUTH ESCONDIDO241178596$305,000$1.7078
  0 BANDY CANYON, , CA 92025EAST ESCONDIDO1670$322,500$0
  0 MARY, ESCONDIDO, CA 92025SOUTH ESCONDIDO402143748$205,000$1.4261
  0 VERDA 3384, ESCONDIDO, CA 92025SAN DIEGO970$175,000$0
   OLD SURVEY RD, ESCONDIDO, CA 92025SOUTHEAST ESCONDIDO10$950,000$0
  0 ENCINO DRIVE, ESCONDIDO, CA 92025759175000$185,000$1.0571
  0 SIERRA LINDA DR, ESCONDIDO, CA 92025SOUTH ESCONDIDO18070567$170,000$2.4091
  0 PUEBLA STREET, ESCONDIDO, CA 92025MARY LANE5930$280,000$0
  0 LENDEE, ESCONDIDO, CA 92025ESCONDIDO330$335,000$0
  0 MESA ROCK ROAD, ESCONDIDO, CA 92025ESCONDIDO29897336$250,000$0.2786
  0 VERDA AVENUE, ESCONDIDO, CA 92025LONGVIEW ACRES11322216$125,000$5.6266
  0 2ND AVENUE, ESCONDIDO, CA 92025STEADMANS3813068$81,000$6.1983
  1076 CIRCLE DRIVE, ESCONDIDO, CA 92025HALECREST ESTATES3911290$200,800$17.7857
  1076 CIRCLE DRIVE, ESCONDIDO, CA 92025EAST ESCONDIDO3911290$200,800$17.7857
  000 PEET LN., ESCONDIDO, CA 0BEAR VALLEY970$350,000$0
  0 BANDY CANYON, ESCONDIDO, CA 920251,1669923839$640,000$0.0645
  1998 ROHN, ESCONDIDO, CA 920259042688$364,650$8.5422
  955 HOWARD, ESCONDIDO, CA 92029703608$120,000$33.2594
  401 PEAR BLOSSOM PL, ESCONDIDO, CA 92026ESCONDIDO609553$260,000$27.2166
  409 PEAR BLOSSOM PL, ESCONDIDO, CA 92026ESCONDIDO607056$250,000$35.4308
  245 EL NORTE PKWY, ESCONDIDO, CA 92026ESCONDIDO5526136$230,000$8.8001
  2115 AMANDA, ESCONDIDO, CA 9202998488743$950,000$1.9438
  1325 N BROADWAY, ESCONDIDO, CA 92026RANCHO RINCON DEL DIABLO00$950,000$0

SOLD AVERAGES:157 379,710 $442,340$18




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Listing Provided Courtesy of: Kurt Steffien, Realty Discount Corporation.
Data Updated June 18 2024 06:25:14
Listing Last Modified:06-16-2024 01:14:55

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