Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    2344 Main St Ramona, CA 92065

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $1,295,000

    Prime Ramona location, 5 suites, high-traffic area.

    Property Features for 2344 Main St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    30,492 SF

    Building Details

    Year Built
    1978

    We can help!

    Listing Contact
    Chris Anderson
    Chris Anderson

    Listing Agency: Coldwell Banker West Listing Agent: Chris Anderson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    This exceptional commercial property, situated at 2344 Main Street in Ramona, California, presents a compelling investment opportunity. Encompassing a substantial 0.7-acre lot, the complex boasts five generously sized suites, each offering remarkable versatility for a diverse range of business ventures. The adaptable spaces are well-suited for various uses, from automotive repair shops to retail establishments and professional offices. Ample parking is available, ensuring convenient access for both employees and customers. The property's strategic location near major thoroughfares and high-traffic zones guarantees exceptional visibility and accessibility, maximizing exposure for any tenant. Currently priced competitively at $1,295,000, this property offers significant potential for value enhancement. Whether you envision immediate occupancy or a comprehensive modernization project, this commercial complex is poised to deliver strong returns. Its prime location and adaptable spaces make it a rare find in the Ramona market, presenting an exceptional chance to acquire a thriving commercial asset with significant upside potential. Don't miss this opportunity to secure a valuable addition to your investment portfolio in a dynamic and growing area.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ramona Precision Machine Industrial Manufacturer Glenn's Automotive Auto Repair Shop Webb Pool (Bike/Boat/Book/etc) Store Wilson Glass Hardware & Home Improvement

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Ramona
    County
    San Diego
    State
    California
    Longitude
    -116.8895
    Latitude
    33.02743

    Nearby Similar for Sale

    • $1,295,000
      0.70 Acres

      Commercial Complex in Ramona, CA

      Five suites suitable for auto, retail, and office businesses.
      2344 Highway 67, Ramona, CA 92065
      View Details
    • Contact for pricing

      Iconic Building Retail/Office Space

      Retail or office space in the heart of Old Town.
      780 Main St, Ramona, CA 92065
      View Details
    • $800,000
      2,286 SF

      Ramona Duplex: Investment Opportunity

      Well-maintained duplex in Ramona, CA, ideal for investors or multi-family.
      1428 Realty Rd, Ramona, CA 92065
      View Details
    • $1,190,000
      26.00 Acres

      Ramona Ranch on 26+ Acres

      Rustic ranch featuring a seasonal creek, orchards, and rental home.
      15950 Green Valley Heights Rd, Ramona, CA 92065
      View Details
    • $899,900

      Downtown Ramona Historic District Commercial Building

      7,000 sq. ft. commercial building in Ramona's Historic District.
      734 Main St, Ramona, CA 92065
      View Details
    • $679,999

      Corner Lot Retail Opportunity

      One-story retail property with ample parking and drive-thru.
      202 6Th St, Ramona, CA 92065
      View Details
    • $175,000
      1,600 SF

      Retail Property in Ramona, CA

      Retail property featuring 1,600 SF of space for sale.
      1662 Main St, Ramona, CA 92065
      View Details
    • $679,999

      Corner Lot Retail Opportunity

      Retail property on corner lot, one block from Main.
      202 6Th St, Ramona, CA 92065
      View Details
    • $1,295,000

      Versatile Commercial Complex For Sale

      Five suites suitable for auto, retail, and office businesses.
      2344 Highway 67, Ramona, CA 92065
      View Details
    • $350,800
      40.00 Acres

      40 Acres with Panoramic Views

      Pristine 40-acre property in Ramona with panoramic views.
      40 Sutherland Dam Rd, Ramona, CA 92065
      View Details
    • $2,800,000

      Commercial Flex Property on Main

      Highly visible corner lot with versatile commercial and flex space.
      2291 Main St, Ramona, CA 92065
      View Details

    FAQs

    What type of property is this?
    Commercial real estate - Prime Ramona location, 5 suites, high-traffic area.
    Where is this commercial real estate located?
    The property is located at 2344 Main St Ramona, CA.
    What is the asking price?
    The asking price for this property is $1,295,000.
    (760) 803-2001
    Request Owner's contact information
    2344 Main St Ramona, CA 92065
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    2344 Main St
    Ramona, CA 92065
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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.

    More about this property
    2344 Main St Ramona, CA 92065
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Chris Anderson
    Chris Anderson
    Real Estate License ID: 01041297
    (760) 803-2001 (619) 303-3399
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!