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    Chula Vista Warehouse Opportunity Title is generated by Realmo AI

    2434 Fenton Street, Chula Vista, CA 91914

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    For Sale
    $3,350,000

    Commercial Sale - Chula Vista, CA

    Property size:
    10,151 SF
    Price / SF:
    $330/SF
    Added:
    May 3, 2026
    Days on Market:
    9
    Last Refresh:
    May 11 at 1:06 pm

    Property Features for 2434 Fenton Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    Industrial
    Standard status
    Active
    APN
    5957112007
    Size
    10,151 SF

    Building Details

    Year built
    2023
    Architectural style
    Other

    We can help!

    Listing Contact
    Elias Levy

    Listing agent Elias Levy License #01421986

    Listing office BHGRE Clarity 2433 Fenton Street Suite B, Chula Vista, CA

    Listing date May 3, 2026

    MLS# PTP2603390 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Rare opportunity to acquire a customizable warehouse in the limited‑inventory Eastlake industrial submarket.
    • Delivered in shell condition, providing a blank canvas for immediate customization and long‑term value creation.
    • Boasting ±10,151 SF with ±22‑foot clear height.
    • Two grade‑level roll‑up doors provide functionality for various industrial, warehouse, or flex uses.
    • Potential to incorporate a two‑story office or mezzanine buildout to maximize usable space.
    • Strategically located approximately 10 minutes from the Otay Mesa Port of Entry with convenient access to major transportation routes.

    Overview

    This approximately 10,151 square foot warehouse is located in the Eastlake industrial submarket. The property is delivered in shell condition, offering customization potential. The building has approximate dimensions of 127 feet by 80 feet and features two grade-level roll-up doors and an approximate 22-foot clear height. The building offers the potential to incorporate a two-story office or mezzanine buildout. Zoned light industrial, the property is suited for both owner-users and investors. It is strategically located approximately 10 minutes from the Otay Mesa Port of Entry, with convenient access to major transportation routes and cross-border logistics. The property is intended for a variety of industrial, warehouse, or flex uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jeremiah Andujo, Mortgage ... Loan Service The LoanFather - Steven Tavera Loan Service Marina Vista Escrow Bank San Diego Web ... Marketing & Advertising McGovern Law Group ... Law Firm

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Public Storage — 2391 Fenton St, Chula Vista, CA 91914
    • SmartStop Self Storage — 2380 Fenton St, Chula Vista, CA 91914
    • Simply Contents — Chula Vista, CA 91914
    • Priority Moving and Storage — 2311 Boswell Rd #1, Chula Vista, CA 91914

    Location Insight

    • Map
    • Local Demand
    City
    Chula Vista
    County
    San Diego
    State
    California
    Longitude
    -116.9575125
    Latitude
    32.6513622

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    FAQs

    What type of property is this?
    Warehouse - Shell condition warehouse near Otay Mesa Port of Entry.
    Where is this warehouse located?
    The property is located at 2434 Fenton Street Chula Vista, CA.
    What is the asking price?
    The asking price for this property is $3,350,000.
    What are key features of this property?
    This property features: Rare opportunity to acquire a customizable warehouse in the limited‑inventory Eastlake industrial submarket.; Delivered in shell condition, providing a blank canvas for immediate customization and long‑term value creation.; Boasting ±10,151 SF with ±22‑foot clear height.
    (619) 778-3514
    We can help!
    Listing Contact
    Elias Levy
    Real Estate License ID: 01421986
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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