205 E 8th St National City, CA 91950
Mixed-use redevelopment opportunity in downtown National City.
- Added:
- Apr 11, 2025
- Days on Market:
- 458
- Last Refresh:
- Jun 27 at 11:16 pm
Property Features for 205 E 8th St
General Information
- Standard status
- Active
- Size
- 10,400 SF
- Lot size
- 0.24 Acres
- Property subtype
- Mixed Use, Multifamily, Retail
Building Details
- Year Built
- 1952
Listing office Atlas Realty
Listing date Apr 11, 2025
Source Crexi
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 Atlas Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Opportunity Zone location in downtown National City
- High‑density development potential with a 5.0 FAR
- Large 10,400 sqft lot suitable for multi‑family project
Local Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $330.7k | $31.80 |
| − Vacancy | −$16.5k | −$1.59 |
| EGI | $314.2k | $30.21 |
| − OpEx | −$141.4k | −$13.59 |
| NOI | $172.8k | $16.62 |
