commercial & mixed-use zoning potential for hotel, senior...
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ponto drive 5 acre development opportunity7290-94 ponto drive | carlsbad, ca 92011
MATT [email protected] Lic#01367183
AL [email protected] Lic#01323215
PATRICK MILLER, [email protected] Lic#00296599
Carlsbad Blvd (101)
Carlsbad Blvd (101)
Carlsbad Blvd (101)
Carlsbad Blvd (101)
Ponto DrPonto Dr
Avenida De Encinas
Avenida De Encinas
SUBJECTSUBJECT PROPERTYPROPERTY
o Non-Appealable Coastal Zone o Commercial & Mixed-Use Zoning o Potential for Hotel, Senior Care or Residential Mixed-Use o 7290 Ponto Drive Parcel has Current Business License for General
Warehousing & Storage Expiring 12/31/20 o Adjacent to CA State Hwy 101
SUBMIT ALL OFFERS BY FRIDAY, JANUARY 31ST, 2020
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LEE & ASSOCIATES HEREBY ADVISES ALL PROSPECTIVE PURCHASERS AS FOLLOWS:
The information contained in this Marketing Brochure has been obtained from sources we believe to be reliable. However, Lee & Associates has not and will not verify any of this information, nor has Lee & Associates conducted any investigation regarding these matters. Lee & Associates makes no guarantee, warranty or representation whatsoever about the accuracy or completeness of any information provided.
As the Buyer of real estate, it is the Buyer’s responsibility to independently confirm the accuracy and completeness of all material information before completing any purchase. This Marketing Brochure is not a substitute for your thorough due diligence investigation of this opportunity. Lee & Associates expressly denies any obligation to conduct a due diligence examination of this Property for Buyer. Any projections, opinions, assumptions or estimates used in this Marketing Brochure are for example only and do not represent the current or future performance or value of this property. The value of the property to you depends on factors that should be evaluated by you and your tax, financial, consultants and legal advisors. Buyer and Buyer’s tax, financial, legal, consultants and all advisors should conduct a careful, independent investigation of any property to determine to your satisfaction the suitability of the property for your needs.
Like all real estate, this property carries significant risks. Buyer and Buyer’s consultants, legal and financial advisors must request and carefully review all legal and documents related to the property. Any info provided including fees and costs are not guaranteed and should be verified by Buyer. These figures are subject to change at any time based on market, economic, environmental or other conditions. Buyer is responsible for conducting his/her own investigation of all matters affecting the intrinsic value of the property and the value of any potential development or use of the property. By accepting this Marketing Brochure you agree to release Lee & Associates and hold it harmless from any kind of claim, cost, expense, or liability arising out of your investigation and/or purchase of this property.
contents4 aerials
7 location map
8 property information
9 city density aerial
10 document links
11 plat maps
14 education
15 demographics
16 offering guidelines
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Carlsbad Blvd (101)Carlsbad Blvd (101)
Carlsbad Blvd (101)Carlsbad Blvd (101)
Ponto DrPonto Dr
Ponto RdPonto Rd
SUBJECTSUBJECT PROPERTYPROPERTY
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5 LEUCADIALEUCADIA
CARLSBADCARLSBAD
ENCINITASENCINITAS
Carlsbad Blvd (101)
Carlsbad Blvd (101)
Avenida EncinasAvenida Encinas
Ponto Rd
Ponto Rd
SUBJECTSUBJECT PROPERTYPROPERTY
Ponto DrPonto Dr
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6 OCEANSIDEOCEANSIDE
SUBJECTSUBJECT PROPERTYPROPERTY
Kaiser PermanenteKaiser Permanente
Carlsbad Premium Carlsbad Premium OutletsOutlets
Agua HediondiaAgua Hediondia
Flower FieldsFlower Fields
Carl
sbad
Blv
d (1
01)
Carl
sbad
Blv
d (1
01)
Avenida EncinasAvenida Encinas
CARLSBADCARLSBAD
Ponto Dr
Ponto Dr
OCEANSIDE
SAN CLEMENTE
CARLSBAD
ENCINITAS
SOLANA BEACH
DEL MAR
LA JOLLA
OCEAN BEACH
SAN DIEGO
CORONADO
CHULA VISTA
EL CAJON
LA MESA
ESCONDIDO
RAMONA
POWAY
ALPINE
SANTA YSABEL
JULIAN
SANTA ROSA & SAN JACINTO MOUNTAINS
MT LAGUNA
PINE VALLEY
BOULEVARD
OCOTILLO
MURRIETA
TEMECULA
SALTON CITY
VISTA
PALOMAR MOUNTAIN
CLEVELAND NATIONAL
FOREST
ANZA BORREGO DESERT STATE
PARK
USA/MEXICO BORDER
BORREGOSPRINGS
SANMARCOS
777
N
location map
subjectproperty
La Costa Ave
Batiquitos DrAvenida
Encinas
Ponto Dr
Poinsettia Ln
Carlsbad Blvd
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property information
topography:Flat
max height:35 Feet - 55 Feet Depending on Parcel Zoning
traffic counts:Carlsbad Blvd (Hwy 101) — 19,641 ADT
potential future uses: Hotel, Senior Care, Mixed-Use (Residential/Commercial), Other Commercial
potential income stream: Existing business license for general warehouse & storage could provide future income subject to City of Carlsbad Code Requirements (previous operation of 257 units).
location:The subject property is located at Ponto Drive adjacent to CA State Hwy 101 and just west of the railroad in Carlsbad, California. The property is in the jurisdiction of the City of Carlsbad, is generally flat, partially improved, with all utilities at or adjacent to the site.
Address City Zip APN# Existing Use Land Acres Zoning* General
PlanResidential
Density Overlay Zones**
7290 Ponto Drive Carlsbad 92011 214-160-25 Self Storage 1.520 RDM-Q/C-T-Q R-15/VC 8 to 15/Acre Coastal & Airport
7294 Ponto Drive Carlsbad 92011 214-171-11 SFR, Barn & Land 2.240 RDM-Q R-15 8 to 15/Acre Coastal & Airport
Ponto Drive Carlsbad 92011 216-010-01 Vacant Land 0.312 C-2 GC N/A Coastal & Airport
Ponto Drive Carlsbad 92011 216-010-02 Vacant Land 0.500 C-2 GC N/A Coastal & Airport
Ponto Drive Carlsbad 92011 216-010-03 Vacant Land 0.117 C-2 GC N/A Coastal & Airport
Ponto Drive Carlsbad 92011 216-010-04 Vacant Land 0.152 C-2 GC N/A Coastal & Airport
Ponto Drive Carlsbad 92011 216-010-05 Vacant Land 0.154 C-2 GC N/A Coastal & Airport
Total Acreage*** 4.995
education: Carlsbad Unified School District
services:Gas/Electric SDG&EWater Carlsbad Municipal Water DistrictSewer City of CarlsbadFire Carlsbad Fire DepartmentPolice Carlsbad Police Department
Notes: * Zoning "Q" Designation requires Site Development Plan (SDP) to any proposed development ** Non-appealable Coastal Zone & Airport Influence Review Area 2 (See City Email & Document links) *** Acreage is taken from County Records
PRICE:SUBMIT ALL OFFERS BY FRIDAY, JANUARY 31ST, 2020 (SEE OFFER GUIDELINES)
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city density aerial
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CITY EMAIL REGARDING AIRPORT & COASTAL OVERLAYS
C-1 ZONING
C-2 ZONING
C-T ZONING
GENERAL PLAN
GENERAL PLAN MAP
MCCLELLAN-PALOMAR ALUCP
MINOR COASTAL DEVELOPMENT PERMIT APPLICATION
PONTO BEACHFRONT VILLAGE VISION PLAN
PRELIMINARY REVIEW APPLICATION
RD-M ZONING
STR TREND REPORT
ZONING MAP
CLICK TO VIEW DOCUMENT LINKS
document links
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plat mapTax Map 7294 Ponto Dr, Carlsbad, CA 92011
Tax Map 7294 Ponto Dr, Carlsbad, CA 92011 11/21/2019 Page 1 (of 3)
This report is only for the myFirstAm user who applied for it. No one else can rely on it. As a myFirstAm user, you already agreed to our disclaimer regarding third party propertyinformation accuracy. You can view it here: www.myfirstam.com/Security/ShowEULA. ©2005-2019 First American Financial Corporation and/or its affiliates. All rights reserved.
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plat mapTax Map 7290 Ponto Dr, Carlsbad, CA 92011
Tax Map 7290 Ponto Dr, Carlsbad, CA 92011 11/21/2019 Page 1 (of 1)
©2005-2019 First American Financial Corporation and/or its affiliates. All rights reserved.
Limitation of Liability for Informational ReportIMPORTANT – READ CAREFULLY:THIS REPORT IS NOT AN INSURED PRODUCT OR SERVICE OR A REPRESENTATION OF THE CONDITIONOF TITLE TO REAL PROPERTY. IT IS NOT AN ABSTRACT, LEGAL OPINION, OPINION OF TITLE, TITLE INSURANCE COMMITMENT ORPRELIMINARY REPORT, OR ANY FORM OF TITLE INSURANCE OR GUARANTY. THIS REPORT IS ISSUED EXCLUSIVELY FOR THE BENEFITOF THE APPLICANT THEREFOR, AND MAY NOT BE USED OR RELIED UPON BY ANY OTHER PERSON. THIS REPORT MAY NOT BEREPRODUCED IN ANY MANNER WITHOUT FIRST AMERICAN’S PRIOR WRITTEN CONSENT. FIRST AMERICAN DOES NOT REPRESENT ORWARRANT THAT THE INFORMATION HEREIN IS COMPLETE OR FREE FROM ERROR, AND THE INFORMATION HEREIN IS PROVIDEDWITHOUT ANY WARRANTIES OF ANY KIND, AS-IS, AND WITH ALL FAULTS. AS A MATERIAL PART OF THE CONSIDERATION GIVEN INEXCHANGE FOR THE ISSUANCE OF THIS REPORT, RECIPIENT AGREES THAT FIRST AMERICAN’S SOLE LIABILITY FOR ANY LOSS ORDAMAGE CAUSED BY AN ERROR OR OMISSION DUE TO INACCURATE INFORMATION OR NEGLIGENCE IN PREPARING THIS REPORTSHALL BE LIMITED TO THE FEE CHARGED FOR THE REPORT. RECIPIENT ACCEPTS THIS REPORT WITH THIS LIMITATION AND AGREESTHAT FIRST AMERICAN WOULD NOT HAVE ISSUED THIS REPORT BUT FOR THE LIMITATION OF LIABILITY DESCRIBED ABOVE. FIRSTAMERICAN MAKES NO REPRESENTATION OR WARRANTY AS TO THE LEGALITY OR PROPRIETY OF RECIPIENT’S USE OF THEINFORMATION HEREIN.
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plat mapTax Map Ponto Dr, Carlsbad, CA
Tax Map Ponto Dr, Carlsbad, CA 11/21/2019 Page 1 (of 1)
This report is only for the myFirstAm user who applied for it. No one else can rely on it. As a myFirstAm user, you already agreed to our disclaimer regarding third party propertyinformation accuracy. You can view it here: www.myfirstam.com/Security/ShowEULA. ©2005-2019 First American Financial Corporation and/or its affiliates. All rights reserved.
Limitation of Liability for Informational ReportIMPORTANT – READ CAREFULLY:THIS REPORT IS NOT AN INSURED PRODUCT OR SERVICE OR A REPRESENTATION OF THE CONDITIONOF TITLE TO REAL PROPERTY. IT IS NOT AN ABSTRACT, LEGAL OPINION, OPINION OF TITLE, TITLE INSURANCE COMMITMENT ORPRELIMINARY REPORT, OR ANY FORM OF TITLE INSURANCE OR GUARANTY. THIS REPORT IS ISSUED EXCLUSIVELY FOR THE BENEFITOF THE APPLICANT THEREFOR, AND MAY NOT BE USED OR RELIED UPON BY ANY OTHER PERSON. THIS REPORT MAY NOT BEREPRODUCED IN ANY MANNER WITHOUT FIRST AMERICAN’S PRIOR WRITTEN CONSENT. FIRST AMERICAN DOES NOT REPRESENT ORWARRANT THAT THE INFORMATION HEREIN IS COMPLETE OR FREE FROM ERROR, AND THE INFORMATION HEREIN IS PROVIDEDWITHOUT ANY WARRANTIES OF ANY KIND, AS-IS, AND WITH ALL FAULTS. AS A MATERIAL PART OF THE CONSIDERATION GIVEN INEXCHANGE FOR THE ISSUANCE OF THIS REPORT, RECIPIENT AGREES THAT FIRST AMERICAN’S SOLE LIABILITY FOR ANY LOSS ORDAMAGE CAUSED BY AN ERROR OR OMISSION DUE TO INACCURATE INFORMATION OR NEGLIGENCE IN PREPARING THIS REPORTSHALL BE LIMITED TO THE FEE CHARGED FOR THE REPORT. RECIPIENT ACCEPTS THIS REPORT WITH THIS LIMITATION AND AGREESTHAT FIRST AMERICAN WOULD NOT HAVE ISSUED THIS REPORT BUT FOR THE LIMITATION OF LIABILITY DESCRIBED ABOVE. FIRSTAMERICAN MAKES NO REPRESENTATION OR WARRANTY AS TO THE LEGALITY OR PROPRIETY OF RECIPIENT’S USE OF THEINFORMATION HEREIN.
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Aviara Oaks Middle School6880 Ambrosia LaneCarlsbad, CA 92011
942 API
Carlsbad High School 3557 Monroe StreetCarlsbad, CA 92008
840 API
Pacific Rim Elementary School1100 Camino de las OndesCarlsbad, CA 92009
972 API
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subjectsubjectpropertyproperty
carlsbad unified school districtThe intertwined roots of the Carlsbad community and its schools hark back to 1872, when “Carlsbad by the Sea” began to burgeon as an agricultural community and resort destination. The original Carlsbad School, pictured here circa 1890, was located on the site of current Pine Avenue Park on Harding Street in the downtown/Barrio area.
As true with many California districts, CUSD boundaries are older than most of the cities that it serves. Today, the District covers approximately 42 square miles, serves a Carlsbad population of over 110,000, as well as the communities of Oceanside and San Marcos. For more information on the Carlsbad Community, check out the City of Carlsbad website.
CUSD is recognized as one of the highest achieving school districts in the county. Many of our schools have been identified as Distinguished Schools at the federal and state levels.
A major factor for families, as well as businesses planning to relocate to Carlsbad is this excellence in education that has earned our district schools and staff numerous awards and recognition.
We have recently modernized Carlsbad High School, four elementary schools, and two middle school campuses, and our brand new Sage Creek High School, which welcomed the first group of students for the 2013-14 school year.
Source: https://www.carlsbadusd.k12.ca.us/
education
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2019 demographics
population
7,688
average household income
$146,984
median household income
$109,568
total employees
4,734 total employees
40,083 total employees
87,331
estimated households
3,395 estimated households
16,180 estimated households
53,177
average household income
$152,670
median household income
$118,479
average household income
$145,007
median household income
$111,198
population
39,242population
129,665
5 miles3 miles1 mile
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offering guidelines
offers due:Submit offers in writing by Friday, January 31, 2020:Patrick Miller / Al Apuzzo / Matt Weaverc/o Lee & Associates1900 Wright Place, Suite 200Carlsad, CA 92008Email: [email protected] / [email protected] / [email protected]
purchase price:Submit all offers.
feasibility period:Buyer shall have a feasibility period in which to investigate all aspects of the property, including the physical condition of the property. The feasibility period shall begin upon the execution of the purchase contract. Anticipated feasibility to be 60-120 days.
initial deposit:Anticipated initial deposit shall be approximately $250,000-$500,000.
additional deposit(s):Additional non-refundable, released deposit is anticipated at the expiration of feasibility in the range of $500,000+.
close of escrow:Anticipated close to be 30-60 days from feasibility period.
offer details:Please submit offer in the form of a Letter of Intent. Bids should identify the proposed buyer, its principals and/or material aspects of its corporate organization. Buyer’s submission should include information regarding buyer’s relevant experience and financial wherewithal, and its intended equity and debt sources for consummating the transaction.
“as-is” sale: no representations & warranties:The property is being sold “as-is” with no representations or warranties from either the seller or its affiliates. The information provided is intended to help a buyer develop an offer to purchase the property, but the buyer must not rely on anything other than its own due diligence.
Seller expressly reserves the right, at their sole discretion, to reject any or all expressions of interest or offers to purchase the property and/or to terminate discussions with any party at any time with or without notice.
buyer broker fee:Buyer to pay any required buyer agent commission.
Lee & Associates, Inc - North San Diego County 1900 Wright Place, Suite 200, Carlsbad, CA 92008 | T: 760.929.9700 F: 760.929.9977 | www.lee-associates.com/sandiegonorth
for more information, please contact
MATT [email protected] Lic#01367183
AL [email protected] Lic#01323215
PATRICK MILLER, [email protected] Lic#00296599