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Commercial

Approved 12K SF Building w/ Drive-Thru (Graded Pad)

1430 S Melrose Dr, Oceanside, CA 92056

Listing Price: $2,000,000

Lot Size
1.50 acres
Price/Acre
$1,333,333
Land Type
Land

Investment Overview

Marcus & Millichap is pleased to offer for sale the commercial development site located at 1430 S. Melrose Drive in the coastal southern California city of Oceanside. The subject property is ±1.5 acres in size and site plans have been processed for the construction of two buildings totaling 12,338 square feet of rentable space. Importantly, one of the buildings will also be serviced by a drive-thru lane which is a very valuable asset in today’s environment. The owner of this site has done significant work on this project including processing the building plans, pulling permits and completing a great deal of the off site/site prep work. A brief listing of the work already completed is as follows: ? Full set of building plans for the two buildings that total 12,338 SF ? All permits (except building permit) have been issued for the site ? Structural Plans, Title 24, MEP, Photometric plans completed ? Retaining walls completed (Two 12’ x 450’ walls) ? Street Improvements along Melrose have been completed including ? Water retention system installed 380’ of 4’ pipe curb, gutter, drainage, curb cuts, sidewalks ? Rough and Precise Grading of the site has been completed ? Pad certification is complete ? Soil has been flipped, compacted, graded and is ready for building footings ? Foundation markers on site The site is located adjacent to the Aegis Shadowridge Assisted Living/Memory Care facility on Melrose Drive and the site sits directly across Melrose from the Palm Tree Plaza shopping center which includes national tenants such as McDonalds, Starbucks, Walgreens, AutoZone, Pizza Hut, Montessori Schools and EoS Fitness. The site also benefits from ±460’ of frontage on Melrose Drive which has an average daily car count of 30,900 VPD (2015 data). The owner of this site has done a tremendous amount of work on planning and site prep and this completed work will provide a great head start for a local developer or user looking for a commercial development of this size in a very desirable Oceanside location.

Investment Highlights

  • Approved Commercial Development Site of 12,338 SF (Building) on a ±1.5 Acre Lot
  • Building Plans Completed and All Permits Issued with the Exception of the Building Permit
  • Building Plans Include a Valuable Drive-Thru Lane
  • Street Improvements along Melrose Drive have been Completed (Curb, Gutters, Drainage)
  • Rough and Precise Grading Have Been Completed
  • Great Opportunity for an Investor or a User to Benefit from Significant Work Already Completed

Exclusively Listed By

Commercial

Approved 12K SF Building w/ Drive-Thru (Graded Pad)

Listing Price: $2,000,000

Lot Size
1.50 acres
Price/Acre
$1,333,333
Land Type
Land

Investment Highlights

  • Approved Commercial Development Site of 12,338 SF (Building) on a ±1.5 Acre Lot
  • Building Plans Completed and All Permits Issued with the Exception of the Building Permit
  • Building Plans Include a Valuable Drive-Thru Lane
  • Street Improvements along Melrose Drive have been Completed (Curb, Gutters, Drainage)
  • Rough and Precise Grading Have Been Completed
  • Great Opportunity for an Investor or a User to Benefit from Significant Work Already Completed

Investment Overview

Marcus & Millichap is pleased to offer for sale the commercial development site located at 1430 S. Melrose Drive in the coastal southern California city of Oceanside. The subject property is ±1.5 acres in size and site plans have been processed for the construction of two buildings totaling 12,338 square feet of rentable space. Importantly, one of the buildings will also be serviced by a drive-thru lane which is a very valuable asset in today’s environment. The owner of this site has done significant work on this project including processing the building plans, pulling permits and completing a great deal of the off site/site prep work. A brief listing of the work already completed is as follows: ? Full set of building plans for the two buildings that total 12,338 SF ? All permits (except building permit) have been issued for the site ? Structural Plans, Title 24, MEP, Photometric plans completed ? Retaining walls completed (Two 12’ x 450’ walls) ? Street Improvements along Melrose have been completed including ? Water retention system installed 380’ of 4’ pipe curb, gutter, drainage, curb cuts, sidewalks ? Rough and Precise Grading of the site has been completed ? Pad certification is complete ? Soil has been flipped, compacted, graded and is ready for building footings ? Foundation markers on site The site is located adjacent to the Aegis Shadowridge Assisted Living/Memory Care facility on Melrose Drive and the site sits directly across Melrose from the Palm Tree Plaza shopping center which includes national tenants such as McDonalds, Starbucks, Walgreens, AutoZone, Pizza Hut, Montessori Schools and EoS Fitness. The site also benefits from ±460’ of frontage on Melrose Drive which has an average daily car count of 30,900 VPD (2015 data). The owner of this site has done a tremendous amount of work on planning and site prep and this completed work will provide a great head start for a local developer or user looking for a commercial development of this size in a very desirable Oceanside location.

Exclusively Listed By

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