501 Osborne St
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501 Osborne St
60,000 SF Speciality Building Offered at £1,525,778 at a 7.23% Net Initial Yield in Vista, CA 92084
Executive Summary
The greenhouse is located on a 2.36 acre in the jurisdiction of San Diego County in the sphere of influence of the City of Vista, California. One of the greenhouses is built out as a 6,000 square foot head house with concrete floor and two restrooms. The head house includes a planting line including soil fed tray filler, water tunnels, conveyors and trolly carts.
The greenhouses are computer controlled creating three separate growing environments allowing independent control of ventilation, table heat, air heat, watering schedules, humidity and temperature in each zone. There is a Reverse Osmosis water filter system with 5,000 gallons of water storage. The fertigation system includes A and B Fertilizer tanks, multiple Dosatron injectors and flexibility of watering with city water, RO water, or fertilized water with each. There is a 40’ refrigerated storage container on site for secure and temperature controlled storage.
The access to the property is via a 60 foot easement from Hutchison Street allowing truck pick up and delivery access.
The greenhouses are computer controlled creating three separate growing environments allowing independent control of ventilation, table heat, air heat, watering schedules, humidity and temperature in each zone. There is a Reverse Osmosis water filter system with 5,000 gallons of water storage. The fertigation system includes A and B Fertilizer tanks, multiple Dosatron injectors and flexibility of watering with city water, RO water, or fertilized water with each. There is a 40’ refrigerated storage container on site for secure and temperature controlled storage.
The access to the property is via a 60 foot easement from Hutchison Street allowing truck pick up and delivery access.
Financial Summary (Actual - 2022) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
£110,325
|
£1.84
|
| Other Income |
£7,512
|
£0.13
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
£117,837
|
£1.96
|
| Taxes |
-
|
-
|
| Operating Expenses |
£7,512
|
£0.13
|
| Total Expenses |
£7,512
|
£0.13
|
| Net Operating Income |
-
|
-
|
Financial Summary (Actual - 2022)
| Gross Rental Income | |
|---|---|
| Annual | £110,325 |
| Annual Per SF | £1.84 |
| Other Income | |
|---|---|
| Annual | £7,512 |
| Annual Per SF | £0.13 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | £117,837 |
| Annual Per SF | £1.96 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | £7,512 |
| Annual Per SF | £0.13 |
| Total Expenses | |
|---|---|
| Annual | £7,512 |
| Annual Per SF | £0.13 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
Property Facts
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PROPERTY TAXES
| Parcel Number | 171-032-23 | Improvements Assessment | £190,699 (2024) |
| Land Assessment | £295,129 (2024) | Total Assessment | £485,828 (2024) |
PROPERTY TAXES
Parcel Number
171-032-23
Land Assessment
£295,129 (2024)
Improvements Assessment
£190,699 (2024)
Total Assessment
£485,828 (2024)
zoning
| Zoning Code | A (Zoned for Rural Agricultural.) |
| A (Zoned for Rural Agricultural.) |
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501 Osborne St
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