Leucadia Retail Redevelopment
For Sale
$2,100,000
1524 N Coast Hwy 101, Encinitas, CA 92024
Retail space in desirable Leucadia location along North Coast Highway.
Property Size8,319 SF
Price / SF$252.43
Days on Market194
Property Features for 1524 N Coast Hwy 101
General Information
Standard status
Active
Size
8,319 SF
Property subtype
Multi-Family
Building Details
Year Built
1927
Listing Agency:
Coldwell Banker West
Listed By:
Trudy Kranz Whitney · License #02058724
Source:
Jackcampbellteam
Added: Mar 26
Changed: Oct 2
Last Checked: Oct 4 at 2:31PM
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 West
Investment Insights
Based on property information with market context.
This coastal redevelopment opportunity features an existing structure in a highly desirable Leucadia location along North Coast Highway 101. The property is situated in a neighborhood with local retail, restaurants, taprooms, outdoor parks, and beaches. The property size is 776 square feet.
Key Highlights
- Highly desirable Leucadia location on North Coast Highway 101.
- Coastal redevelopment opportunity.
- Existing structure on the property.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$130,675
Cap Rate
6.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,613,500
$2.6M
Cap Rate 7%
$1,866,786
$1.9M
Cap Rate 9%
$1,451,944
$1.5M
Market Conditions
NOI Build-Up for 8,319 SF
Gross rent
$199.7K $24.00/SF
− Vacancy
−$13.0K −$1.56/SF
EGI
$186.7K $22.44/SF
− OpEx
−$56.0K −$6.73/SF
NOI
$130.7K $15.71/SF
Area
San Diego County, CA
Vacancy
6.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,613,500
Cap Rate 7%
$1,866,786
Cap Rate 9%
$1,451,944
Alternative Uses
Best Use
Retail
$1.87M
$1.63M – $2.18M
NOI $130,675 @ 7.0% cap · market cap 6.22%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.81M
$3.34M – $4.45M
NOI $266,804 @ 7.0% cap · market cap 12.70%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
450
Businesses Nearby
Explore this area
Business Placement
Demographics for 92024, CA
51,190
Population
21,566
Households
2.4
Avg Household Size
44
Median Age
67%
College-Educated
96%
High-School Grad
18.0 sq mi
ZIP Area
2,844
Density / Sq Mi
$149,080
Median Household Income
$70,949
Median Earnings
$2,643
Median Rent
$1,409,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Retail space - Retail space in desirable Leucadia location along North Coast Highway.
Where is this retail space located?
The property is located at 1524 N Coast Hwy 101 Encinitas, CA.
What is the asking price?
The asking price for this property is $2,100,000.
What are key features of this property?
This property features: Highly desirable Leucadia location on North Coast Highway 101.; Coastal redevelopment opportunity.; Existing structure on the property.
