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3096 National Ave San Diego, CA 92113

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For Sale
$2,400,000

Prime location with redevelopment potential and existing income.

Property size:
4,059 SF
Lot size:
0.40 Acres

Property Features for 3096 National Ave

General Information

Size
4,059 SF
Lot size
0.40 Acres

Source: Starker West Agent Eric Lowe, J.D.

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


Overview

Redevelopment Opportunity with Income

This property presents a covered land play with substantial income and future development possibilities. The fully leased property generates $118,000 in annual net operating income, reflecting a 4.92% capitalization rate. Situated on a 17,586 square foot lot, the property is zoned CC-3-6 within the Complete Communities Tier 3 overlay, supporting a floor area ratio (FAR) of 6.5, which allows for development of up to 114,309 square feet of total floor space. The existing leases have 1 to 2 years remaining, offering near-term potential for redevelopment into more than 40 residential units with ground-floor retail or live-work spaces. The property size is 4,059 square feet and is located in San Diego, CA.
Insight Report Location Intelligence

Current Use by Public Records

El Paisa Mexican Restaurant K&Y Roofing Services Roofing Contractor

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
San Diego
County
San Diego
State
California
Longitude
-117.1274539
Latitude
32.6961585

FAQs

What type of property is this?
Retail space - Prime location with redevelopment potential and existing income.
Where is this retail space located?
The property is located at 3096 National Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,400,000.
What are key features of this property?
This property features: - Fully leased property.; - Generates $118,000 in annual Net Operating Income (NOI).; - Offers a 4.92% capitalization rate.
More about this property
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