MLS: 170012715

$7,200,000

Exit I-5 at Carlsbad Village Drive. Right off freeway.

Prime development opportunity. Shopping center next to I-5 on west side. Approximately 179,089 SF lot. Approx 60,000 sq ft of improvements. FAR=1. Height=45ft restriction. Many possibilities including new shopping center, hotel, etc. Shopping center includes addresses 945-1065 Carlsbad Village Drive. 7-11/gas station is not part of the parcels. Smart and Final is the anchor tenant. Center is outside the coastal commission authority. There are 3 APN's 203-320-28-00, 203-320-29-00, 203-320-30-00. The attached Cal-Trans report details I-5 expansion of freeway on-ramp that may take a sliver of land next to freeway. The attached environmental reports disclose a small oil plume (not associated with the gas station) that will have to be addressed upon development. Owner was told cost may be around 500k???