102 Avenida Cabrillo San Clemente, CA 92672-4039
- Parking lots & garages
- 0.09 lot acres
Current Use by Public Records
- Nomads Canteen / Restaurant / Bar
Property Details for 102 Avenida Cabrillo
- Year built
- 1955
- Lot size
- 0.09 lot acres
- Property type
- Parking lots & garages
- APN
- 058-073-25
- APU
- 5807325
Description
This exceptional investment opportunity presents two prime commercial parcels totaling 7,820 square feet located at 102 Avenida Cabrillo, San Clemente, CA 92672. The property is zoned Mixed Use 3.1 (MU3.1), offering significant future development potential. Currently, the land is fully leased, providing a stable income stream. One parcel boasts a 10-year NNN lease with a popular canteen, while the other features a 6-year NNN lease with a well-established hotel. The property generates a robust estimated Net Operating Income (NOI) of $288,000 annually. Ten dedicated parking stalls are included. This offering represents a rare chance to acquire a high-performing asset in the heart of San Clemente's dynamic downtown area, poised for continued growth and profitability. The asking price for this exceptional property is $6,000,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- San Clemente
- County
- Orange
- State
- California
- Longitude
- -117.614
- Latitude
- 33.428
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
