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

    11436 El Nopal Lakeside, CA 92040

    Loading data...
    Loading data...
    Loading data...
    For Sale
    $6,750,000

    Land with established rental income and development potential.

    Lot size:
    10.61 Acres

    Property Features for 11436 El Nopal

    General Information

    Lot size
    10.61 Acres

    We can help!

    Listing Contact
    David Santistevan
    Source: Elliman

    Listing Agent: David Santistevan

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

    Learn more

    Overview

    Lakeside Contract Yard Land

    This property is currently operated as a contract yard. The property is zoned VR-7.3, potentially allowing for up to 77 lots under current zoning regulations. With a state density bonus, the potential yield could increase to over 116 lots. Preliminary yield studies, a soils report, and a Phase 1 environmental assessment are available upon request. The current tenants provide established rental income.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Clothing Store Building Supply Gym & Fitness Pharmacy Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Lakeside
    County
    San Diego
    State
    California
    Longitude
    -116.9491783
    Latitude
    32.8632902

    Nearby Similar for Sale

    • $795,000
      Pending

      Lakeside Duplex with Loft Units

      Move-in ready duplex in Lakeside with private yards and lofts.
      12643 Castle Court Dr, Lakeside, CA 92040
      View Details
    • $229,900

      Charming Single-Story Home with Sunroom

      Two-bedroom home with sun-drenched terrace and open-plan kitchen.
      13460 Highway 8 Business, Lakeside, CA 92040
      View Details
    • $1,100,000

      Lakeside Countryside Multifamily Opportunity

      Rare investment opportunity on 8.05 acres in Lakeside, CA.
      11535 Rocky Ln, Lakeside, CA 92040
      View Details
    • $675,000

      Versatile Lakeside Property with Potential

      Centrally located, flexible property suitable for residential or commercial use.
      9742 Los Coches Rd, Lakeside, CA 92040
      View Details
    • $799,000

      Charming Duplex with Fenced Yards

      Well-maintained duplex featuring private yards, upgrades, and ample parking.
      12004 Winter Gardens Dr, Lakeside, CA 92040
      View Details
    • $3,500,000
      5,509 SF

      Restaurant Space with Drive-Thru Potential

      Restaurant space for sale with drive-thru building potential.
      10101 Maine Ave, Lakeside, CA 92040
      View Details
    • $839,000

      Lakeside Rental Property With Expansion

      Rental property in Lakeside with expansion potential. Unit 3 is a studio.
      9420 Emerald Grove Ave, Lakeside, CA 92040
      View Details
    • $19,800,000
      59,736 SF

      Lakeside Shopping Center Retail Portfolio

      Four retail properties in Lakeside shopping center, 95% occupied.
      9720-9769 Winter Gardens Blvd, Lakeside, CA 92040
      View Details
    • $229,900

      Highway Commercial Property For Sale

      Commercial property available on the highway for sale.
      13460 Business 124, Lakeside, CA 92040
      View Details

    FAQs

    What type of property is this?
    Land - Land with established rental income and development potential.
    Where is this land located?
    The property is located at 11436 El Nopal Lakeside, CA.
    What is the asking price?
    The asking price for this property is $6,750,000.
    What are key features of this property?
    This property features: - High-density zoning (VR-7.3) allows for significant development potential (up to 77 lots, or 116+ with density bonus).; - Established rental income from current tenants provides immediate cash flow.; - Available preliminary yield studies, soils report, and phase 1 expedite due diligence.
    (619) 994-8896
    Request Owner's contact information
    11436 El Nopal Lakeside, CA 92040
    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.
    11436 El Nopal
    Lakeside, CA 92040
    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
    11436 El Nopal Lakeside, CA 92040
    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
    David Santistevan
    Real Estate License ID: 00913491
    (619) 994-8896
    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.