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

    832 E 18Th St National City, CA 91950

    View on Map
    Loading data...
    Loading data...
    Loading data...
    Pending
    $850,000

    Commercial property on a corner lot with ocean views.

    Lot size:
    0.10 Acres

    Property Features for 832 E 18Th St

    General Information

    Property type
    Commercial
    Standard status
    Pending
    Lot size
    0.10 Acres

    Building Details

    Year built
    1955

    We can help!

    Listing Contact
    Karla Mexia
    Karla Mexia
    Source: Elliman

    Listing Agent: Karla Mexia

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

    Learn more

    Property Insight Report

    Overview

    Corner Lot Commercial Property

    This commercial property is located on a corner lot in National City. The property is zoned MXC-1. It is situated in a high-traffic area and offers ocean views and views of Cabrillo State Marine Reserve. This property presents potential for investors, developers, and business owners.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Deniss Bakery Specialty Food Shop Pikolinas Restaurant

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

    Location Insight

    • Map
    • Local Demand
    City
    National City
    County
    San Diego
    State
    California
    Longitude
    -117.0946059
    Latitude
    32.6695295

    Nearby Similar for Sale

    • $1,350,000
      2,300 SF

      National City Multifamily Property

      Three-unit property with ADU potential in National City, CA.
      2547 A Ave, National City, CA 91950
      View Details
    • $1,299,000
      2,560 SF

      Remodeled Triplex in National City

      Remodeled triplex in prime location with upside potential.
      1910 B Ave, National City, CA 91950
      View Details
    • $1,050,000
      Pending

      Two Homes on One Lot

      Two updated homes on one lot, great for investors.
      415-417 26Th St, National City, CA 91950
      View Details
    • $998,500
      19,738 SF

      National City Multifamily Investment Opportunity

      Three units on a commercially zoned lot. Development potential.
      2641 E 18Th St, National City, CA 91950
      View Details
    • $2,100,000

      Automotive Property in National City

      3,600 SF automotive building fully leased to three tenants.
      710 E 8Th St, National City, CA 91950
      View Details
    • $4,350,000

      National City Retail Center For Sale

      Seven-unit retail center remodeled in 2019, high-traffic location.
      1615 E Plaza Blvd, National City, CA 91950
      View Details
    • $1,300,000
      Pending

      National City Fourplex Near Mile

      Four-unit property near Mile of Cars corridor, National City.
      2722 B Ave, National City, CA 91950
      View Details
    • $2,600,000
      Pending

      Renovated 10-Unit Apartment Complex

      Fully renovated apartment complex with strong cash flow potential.
      1227 Coolidge Ave, National City, CA 91950
      View Details
    • Contact for pricing
      3,600 SF

      710 E 8th st, national city

      Automotive
      710 8Th St, National City, CA 91950
      View Details
    • $1,975,000

      National City Multifamily Investment Opportunity

      Eight-unit apartment building with strong income and upgrade potential.
      1609 E 10Th St, National City, CA 91950
      View Details
    • $1,350,000

      Three-Unit Property with ADU Potential

      Three units with ADUs potential, newer kitchens, appliances, and upgrades.
      2547 A Ave, National City, CA 91950
      View Details
    • $1,300,000
      Pending

      National City Fourplex Near Mile

      Fourplex near Mile of Cars with redevelopment potential.
      2722 B Ave, National City, CA 91950
      View Details

    FAQs

    What type of property is this?
    Commercial land - Commercial property on a corner lot with ocean views.
    Where is this commercial land located?
    The property is located at 832 E 18Th St National City, CA.
    What is the asking price?
    The asking price for this property is $850,000.
    What are key features of this property?
    This property features: - Prime commercial property in the heart of National City.; - Zoned MXC-1, offering exceptional potential for investors, developers, and business owners.; - Located on a corner lot.
    (619) 419-6619
    Request Owner's contact information
    832 E 18Th St National City, CA 91950
    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.
    832 E 18Th St
    National City, CA 91950
    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
    832 E 18Th St National City, CA 91950
    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
    Karla Mexia
    Karla Mexia
    Real Estate License ID: 02136510
    (619) 419-6619 (619) 393-3118
    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!