jv land development in lakeside by lindo lake...kw commercial 7777 alvarado rd., suite 702 la mesa,...

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KW COMMERCIAL 7777 Alvarado Rd., Suite 702 La Mesa, CA 91942 TONI-DIANE DONNET Broker 0 619.469.0700 C 619.549.8072 [email protected] CalDRE #01848593 Broker - CalDRE #120623 Attorney CHRISTOPHER PARRINO, ESQ. Senior Associate O 619.308.6860 [email protected] CalDRE #01938322 JV Land Development In Lakeside By Lindo Lake OFFERING MEMORANDUM PRESENTED BY: VINE STREET, LAKESIDE, CA OFFERING MEMORANDUM

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Page 1: JV Land Development In Lakeside By Lindo Lake...KW COMMERCIAL 7777 Alvarado Rd., Suite 702 La Mesa, CA 91942 TONI-DIANE DONNET Broker 0 619.469.0700 C 619.549.8072 toni.donnet@gmail.com

KW COMMERCIAL7777 Alvarado Rd.,Suite 702La Mesa, CA 91942

TONI-DIANE DONNETBroker0 619.469.0700C [email protected] #01848593 Broker - CalDRE #120623 Attorney

CHRISTOPHER PARRINO, ESQ.Senior AssociateO [email protected] #01938322

JV Land Development In Lakeside By Lindo Lake

OFFERING MEMORANDUM

PRESENTED BY:

VINE STREET, LAKESIDE, CA

OFFERING MEMORANDUM

Page 2: JV Land Development In Lakeside By Lindo Lake...KW COMMERCIAL 7777 Alvarado Rd., Suite 702 La Mesa, CA 91942 TONI-DIANE DONNET Broker 0 619.469.0700 C 619.549.8072 toni.donnet@gmail.com

Executive Summary

LAND DEVELOPMENT IN LAKESIDE BY LINDO LAKE |

PROPERTY OVERVIEWBeautifully located land that runs from Maine Avenue to Vine Street.Located across from the Lindo Lake County Park, Teen Center, andthe Lakeside Library on Vine Street. As well as hosting outdoorrecreational opportunities, the Property is in close proximity to anumber of Native American casino operations, the most notable ofwhich is Barona Resort & Casino a few miles to the north.

Owner will Joint Venture with an Investor or Owner/Operator to buildan inline commercial property.

PROPERTY FEATURESGreat Joint Venture Opportunity for Investor or Owner/Operator

Perfect for a Restaurant, Office Building, Retail, or Mixed-Use

Can build up to 35 feet

One Single Residence Permitted 1st Floor Commercial

JV SALE PRICE: $135,000

LOT SIZE: 0.23 Acres

APN: 394-133-16-00

ZONING: Commercial

SUB MARKET: East County San Diego

CROSS STREETS: Parkside And LakeShore Dr

Each Office Independently Owned and Operated kwcommercial.com 2

Page 3: JV Land Development In Lakeside By Lindo Lake...KW COMMERCIAL 7777 Alvarado Rd., Suite 702 La Mesa, CA 91942 TONI-DIANE DONNET Broker 0 619.469.0700 C 619.549.8072 toni.donnet@gmail.com

Each Office Independently Owned and Operated kwcommercial.com 3

Additional Photos

LAND DEVELOPMENT IN LAKESIDE BY LINDO LAKE |

Page 4: JV Land Development In Lakeside By Lindo Lake...KW COMMERCIAL 7777 Alvarado Rd., Suite 702 La Mesa, CA 91942 TONI-DIANE DONNET Broker 0 619.469.0700 C 619.549.8072 toni.donnet@gmail.com

Vine Street (APN 394-133-16)

Regional Map

LAND DEVELOPMENT IN LAKESIDE BY LINDO LAKE |

Each Office Independently Owned and Operated kwcommercial.com 4

Page 5: JV Land Development In Lakeside By Lindo Lake...KW COMMERCIAL 7777 Alvarado Rd., Suite 702 La Mesa, CA 91942 TONI-DIANE DONNET Broker 0 619.469.0700 C 619.549.8072 toni.donnet@gmail.com

Each Office Independently Owned and Operated kwcommercial.com 5

Location Maps

LAND DEVELOPMENT IN LAKESIDE BY LINDO LAKE |

Page 6: JV Land Development In Lakeside By Lindo Lake...KW COMMERCIAL 7777 Alvarado Rd., Suite 702 La Mesa, CA 91942 TONI-DIANE DONNET Broker 0 619.469.0700 C 619.549.8072 toni.donnet@gmail.com

Aerial Map

LAND DEVELOPMENT IN LAKESIDE BY LINDO LAKE |

Each Office Independently Owned and Operated kwcommercial.com 6

Page 7: JV Land Development In Lakeside By Lindo Lake...KW COMMERCIAL 7777 Alvarado Rd., Suite 702 La Mesa, CA 91942 TONI-DIANE DONNET Broker 0 619.469.0700 C 619.549.8072 toni.donnet@gmail.com

Each Office Independently Owned and Operated kwcommercial.com 7

* Demographic data derived from 2010 US Census

Demographics Map

LAND DEVELOPMENT IN LAKESIDE BY LINDO LAKE |

ETHNICITY 1 MILE 3 MILES 5 MILES

% HISPANIC 19.8% 17.1% 22.9%

RACE 1 MILE 3 MILES 5 MILES

% WHITE 91.6% 88.5% 83.5%

% BLACK 0.9% 1.6% 3.5%

% ASIAN 1.0% 1.5% 3.2%

% HAWAIIAN 0.0% 0.1% 0.3%

% INDIAN 0.4% 0.5% 0.6%

% OTHER 1.9% 2.8% 3.6%

POPULATION 1 MILE 3 MILES 5 MILES

TOTAL POPULATION 10,276 63,273 170,784

MEDIAN AGE 32.7 35.7 35.0

MEDIAN AGE (MALE) 32.0 34.7 34.1

MEDIAN AGE (FEMALE) 33.6 36.9 36.1

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

TOTAL HOUSEHOLDS 3,492 21,837 58,324

# OF PERSONS PER HH 2.9 2.9 2.9

AVERAGE HH INCOME $71,588 $75,410 $68,868

AVERAGE HOUSE VALUE $376,958 $380,744 $390,175