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3/10/25
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Lehi Property Development LLC purchased 68.3 acres at 3231 Oceanside Blvd in Oceanside for $18 mil. The site has operated as a nursery for over two decades. Although the site is an active nursery, it is currently zoned for industrial use and could accommodate various industrial developments.
The City of Oceanside has recently focused on developing the Smart and Sustainable Corridors Specific Plan (SSCP). The SSCP is a document that outlines strategies, standards, and processes meant to foster the revitalization of several areas in North County, including Oceanside Boulevard.
CBRE's Matt Carlson, Hunter Rowe, Camille Doan, Will Pike, Barbara Perrier, Mike Longo and Joe Cesta represented the seller in the transaction.
According to Carlson, the buyer intends to transform this rare 68-acre coastal site into a mixed-use community. “The plan to build additional housing will not only maximize the land's potential but also contribute to the region's growth and sustainability.”
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