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    3521 Main Street Unit 504 Chula Vista, CA 91911

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    For Lease
    $5,400 /Mo

    Versatile commercial space with warehouse, office, and showroom areas.

    Type:Commercial
    Added:
    Apr 24, 2026
    Days on Market:
    8
    Last Refresh:
    Apr 24 at 4:38 pm

    Property Features for 3521 Main Street Unit 504

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    We can help!

    Listing Contact
    John Ronis

    Listing agent John Ronis License #01846535

    Listing office Coldwell Banker

    Listing date Apr 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker

    Overview

    Industrial Space with Office & Showroom

    This commercial space offers over 60% dedicated warehouse area, suitable for distribution, light manufacturing, or creative production. The well-maintained facility features high ceilings, a roll-up door, and ample storage capacity. It includes a reception area, 2 office suites, a stylish showroom, and a fully equipped kitchen, making it a turnkey solution for businesses. The property is suitable for apparel, medical supply, tech, or design-focused tenants, and serves as a strategic location for distribution. The space features clean finishes, natural light, and a functional layout. Office furniture can remain. The location has a bike score of 43, indicating it is somewhat bikeable, a walk score of 57, indicating it is somewhat walkable, and a transit score of 36, indicating some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Sire Di rkaan ... Insurance Agency Comunidad Cristiana Nuevo ... Church Elna Magnetics Corporate Office DaVinci Gate Metal ... Metal Fabrication Plant DaVinci metal gate Metal Fabrication Plant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Similar Places Nearby

    • The Go Go Truck — 1680 Hilltop Dr, Chula Vista, CA 91911
    • Tacos el cabezon — 1641 Sycamore Dr, Chula Vista, CA 91911
    • El Cacho Fish Taco Stand — 680 1/2 Picador Blvd, San Diego, CA 92154
    • BIRRIA HOT — 3008 Main St, Chula Vista, CA 91911

    Location Insight

    • Map
    • Local Demand
    City
    Chula Vista
    County
    San Diego
    State
    California
    Longitude
    -117.0575678
    Latitude
    32.5939059

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    FAQs

    What type of property is this?
    Flex space - Versatile commercial space with warehouse, office, and showroom areas.
    Where is this flex space located?
    The property is located at 3521 Main Street Unit 504 Chula Vista, CA.
    What is the lease rate?
    The lease rate is $5,400 /Mo.
    What are key features of this property?
    This property features: Over 60% dedicated warehouse space suitable for distribution, manufacturing, or production.; Includes office suites, showroom, and reception area for a turnkey business solution.; High ceilings, roll‑up door, and ample storage capacity.
    (619) 565-5616
    We can help!
    Listing Contact
    John Ronis
    Real Estate License ID: 01846535
    Learn More
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    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
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    3521 Main Street Unit 504, Chula Vista, CA 91911

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