Old Highway 395, Fallbrook, CA 92028
- $777,000
- List Price
- $777,000
- Status
- ACTIVE
- MLS#
- SW26143744
- Lot Size
- 731,808
- Acres
- 16.80
- Lot Location
- Lot Over 40000 Sqft
- Days on Market
- 25
- Property Type
- Land
- Neighborhood
- Fallbrook
Property Description
Two spectacular parcels for sale zoned as Rural Residential. Parcels are 9.53 and 7.27, and border the north side of the Rainbow Restaurant then south and east, on Historic Old Highway 395. These parcels are prime for housing developments, builder owner, storage, agriculture, or living off the grid. The larger parcel includes prime advertising space with hundreds of thousands of views per week. There is currently a billboard lease with several years remaining with an advertiser who subleases it. Seller earns $2,000 per month from 1 billboard, which is highly discounted. There is much more income potential from the 1 billboard as well as potential to create more. Why not multiply your income? You could potentially build up the advertising income to pay off your development costs. The advertising potential is just icing on the cake. Water, gas, electric are all extremely to the property line.
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Additional Information
- Taxes
- $2,300
- View
- Hills, Mountain(s), Orchard, Rocks, Trees/Woods
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: Shane Strong (shanestrong@kw.com) from Listing Office: KW Temecula.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.