Madrigal

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Madrigal

San Diego, CA 92129
Asking Price
$550K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The land parcel totals 0.121 acres in size.
  • This property is listed for sale at $550,000.
  • The site is located in the San Diego 92129 region.
  • Coordinates for the parcel are 32.9624, -117.1263.
  • The land provides potential for development in a growing market.

What's Special

San Diego serves as a major hub for technology and defense industries within Southern California, supported by a dense population and robust infrastructure. This parcel of land, encompassing 0.121 acres, resides in the 92129 ZIP code area. The property presents a development opportunity in a region characterized by consistent demand for residential or commercial expansion. Investors and developers frequently look to this submarket for its proximity to major transit corridors and established suburban amenities. The site remains available for acquisition at an asking price of $550,000. Potential uses for this asset include private residential development or small-scale commercial site preparation, depending on local municipal requirements. With its specific coordinates located at 32.9624, -117.1263, this land acquisition is positioned to benefit from the broader economic growth seen throughout the San Diego metropolitan area.

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NOI
$80,000
Cap Rate
14.55%
DSCR
2.45
Strong
Cash-on-Cash
28.70%
Monthly Payment
$2,721.1
Annual Cash Flow
$47,346.801

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