Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • 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

    624 El Cajon Blvd El Cajon, CA 92020

    Loading data...
    Loading data...
    Loading data...
    For Lease
    Contact for pricing

    Freestanding office building with flexible build-out and parking.

    Property size:
    5,586 SF
    Lot size:
    0.46 Acres

    Property Features for 624 El Cajon Blvd

    General Information

    Size
    5,586 SF
    Lot size
    0.46 Acres

    We can help!

    Listing Contact
    Gino Kalasho
    Gino Kalasho
    Source: Moodyscre

    Listing Agent: Gino Kalasho

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

    Learn more

    Overview

    Freestanding Office Building For Rent

    This freestanding building offers flexible build-out options with existing office improvements. The property features a kitchenette, bamboo flooring, upgraded vinyl windows, and vaulted ceilings. The bathrooms have been renovated. A dedicated on-site parking lot, secured gated access, and a detached garage with a storage shed are included. The property has a size of 5586 square feet and is located in El Cajon, CA.
    Location Intelligence

    Current Use by Public Records

    GK dermatology Botox Dermatologist

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    El Cajon
    County
    San Diego
    State
    California
    Longitude
    -116.9732698
    Latitude
    32.7897694

    Nearby Similar for Lease

    • Contact for pricing
      111,928 SF

      Industrial Building in El Cajon

      Large industrial space with excellent freeway access and modern features.
      1756 Weld Blvd, El Cajon, CA 92020
      View Details
    • Contact for pricing
      3,700 SF

      El Cajon Commercial Land - I-8 & Dunbar Ln

      Prime Retail/Restaurant Lot, Drive-Thru Ready
      9509 Chocolate Summit Dr, El Cajon, CA 92021
      View Details
    • Contact for pricing
      64,625 SF

      Main Street Marketplace Retail Center

      Grocery-anchored retail space, El Cajon.
      1043 Main St, El Cajon, CA 92021
      View Details
    • $23 SF/Yr
      17,326 SF

      El Cajon Office/Medical Space

      Prime El Cajon location, flexible suites.
      225 Madison Ave, El Cajon, CA 92020
      View Details
    • Contact for pricing
      6,412 SF

      Executive Suites El Cajon, CA

      Prime El Cajon office space available.
      321-325 Van Houten Ave, El Cajon, CA 92020
      View Details
    • Contact for pricing
      8,600 SF

      Prime El Cajon Retail Space

      8,600 SF Free-Standing Retail Building
      2800 Fletcher Pkwy, El Cajon, CA 92020
      View Details
    • $10 SF/Yr
      44,485 SF

      Plaza Rancho San Diego Retail Space

      High-visibility retail center in El Cajon, CA
      2990 Jamacha Rd, El Cajon, CA 92019
      View Details
    • Contact for pricing
      30,352 SF

      Broadway Retail Center Opportunity

      Prime San Diego retail space available.
      1303 Broadway, El Cajon, CA 92021
      View Details
    • Contact for pricing
      4,183 SF

      Retail Space in Parkway Plaza

      Retail space available in a regional shopping center.
      575 Fletcher Pkwy, El Cajon, CA 92020
      View Details
    • $20 SF/Yr
      29,802 SF

      East County Flex Space Available

      Prime El Cajon industrial space for lease.
      202 Magnolia Ave, El Cajon, CA 92020
      View Details
    • $1.35 SF/Yr
      44,748 SF

      El Cajon Warehouse Space Available

      Warehouse space for lease in El Cajon with office buildout.
      165 Denny Way, El Cajon, CA 92020
      View Details
    • $2 SF/Yr
      6,416 SF

      1161 E Main St, El Cajon, CA 92021

      Office buildings • 6,416 SF
      1161 E Main St, El Cajon, CA 92021
      View Details

    FAQs

    What type of property is this?
    Office building - Freestanding office building with flexible build-out and parking.
    Where is this office building located?
    The property is located at 624 El Cajon Blvd El Cajon, CA.
    What are key features of this property?
    This property features: - Dedicated on-site parking with secured gated access.; - Flexible build-out options in a free-standing building.; - Detached garage with storage shed.
    (858) 360-3000
    Request Owner's contact information
    624 El Cajon Blvd El Cajon, CA 92020
    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.
    624 El Cajon Blvd
    El Cajon, CA 92020
    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
    624 El Cajon Blvd El Cajon, CA 92020
    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
    Gino Kalasho
    Gino Kalasho
    Real Estate License ID: CA 02046687
    (858) 360-3000
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.