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Retail Condominium with Parking
For Sale
$400,000

102-1174 Broadway, El Cajon, CA 92021

Commercial condo unit offers 1/2 bath and approximately 1,060 square feet of retail space with parking and visibility.

Property Size1,060 SF
Price / SF$377.36
Days on Market470

Property Features for 102-1174 Broadway

General Information

Standard status Active
Size 1,060 SF
Listing Agency: Keller Williams Realty
Listed By: Gregg Phillipson · License #01153857
Source: Exprealty
Added: Jul 11, 2025 Changed: Oct 11 Last Checked: Oct 23 at 8:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty

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Investment Insights

Based on property information with market context.

For sale: a commercial condo retail unit well suited for a small business. The space totals approximately 1,060 square feet and includes a 1/2 bath. This property is part of a commercial building and is configured as a dedicated condo unit.

The offering is located on Broadway in El Cajon, CA. Public remarks describe strong visibility and parking to support customer access.

The unit’s size and incorporated 1/2 bath make it a practical option for retailers seeking a compact footprint within a commercial condo setting.

Key Highlights

  • Commercial condo for sale in El Cajon—about 1,060 SF of retail space
  • Includes a 1/2 bath
  • Designed for small business use with parking and visibility

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,794
Cap Rate
3.20%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,880 $255.9K
Cap Rate 7%
$182,771 $182.8K
Cap Rate 9%
$142,156 $142.2K
Market Conditions
NOI Build-Up for 1,060 SF
Gross rent
$19.1K $18.00/SF
− Vacancy
−$803 −$0.76/SF
EGI
$18.3K $17.24/SF
− OpEx
−$5.5K −$5.17/SF
NOI
$12.8K $12.07/SF
Area
El Cajon, CA
Vacancy
4.21%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$255,880
Cap Rate 7%
$182,771
Cap Rate 9%
$142,156

Alternative Uses

Best Use
Retail
$182.8K
$159.9K – $213.2K (±1% cap)
NOI $12,794 @ 7.0% cap · market cap 3.20%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$263.4K
$230.5K – $307.3K (±1% cap)
NOI $18,436 @ 7.0% cap · market cap 4.61%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Storefront properties

Suggested Use

Top Pick Parking Lot & Garage Bakery Nursing Home Gym & Fitness Center (Bike/Boat/Book/etc) Store Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,991
Businesses Nearby
723k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 32% Home Improvements & Furnishings 18% Superstores 13% Groceries 11%
Target Superstores
94,017 visits/mo 0.2 miles
The Home Depot Home Improvements & Furnishings
89,889 visits/mo 0.3 miles
Food 4 Less Groceries
61,453 visits/mo 0.2 miles
Best Buy Electronics
58,403 visits/mo 0.1 miles
In-N-Out Burger Dining
46,212 visits/mo 0.1 miles

Demographics for 92021, CA

70,584
Population
23,360
Households
3
Avg Household Size
37
Median Age
22%
College-Educated
86%
High-School Grad
28.0 sq mi
ZIP Area
2,521
Density / Sq Mi
$69,979
Median Household Income
$37,739
Median Earnings
$1,818
Median Rent
$572,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Similar Off Market Nearby

  • 1800 flowers — 450 Fletcher Pkwy Unit 107, El Cajon, CA 92020

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial condo unit offers 1/2 bath and approximately 1,060 square feet of retail space with parking and visibility.
Where is this storefront property located?
The property is located at 102-1174 Broadway El Cajon, CA.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Commercial condo for sale in El Cajon—about 1,060 SF of retail space; Includes a 1/2 bath; Designed for small business use with parking and visibility
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