Spacious Retail Space in
217 Earlham St Ramona, CA 92065
For Sale
$1,750,000
Retail space with room to grow on 1.23+ acres.
Property Size5,734 SF
Lot Size1.23 Acres
Price / SF$305.20
Days on Market97
Property Features for 217 Earlham St
General Information
Standard status
Active
Size
5,734 SF
Lot size
1.23 Acres
Property subtype
Commercial
Listing Agency:
Town & Country Real Estate
(760) 505-5626
Listed By:
Stephanie Norvell · License #01101300
(760) 505-5626
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 28 at 1:00PM
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 Town & Country Real Estate
Investment Insights
Based on property information with market context.
This commercial building, constructed in 1978, offers 5,734 square feet of retail space on a 1.23+ acre lot, accompanied by two additional parcels. The property provides ample space for various retail uses, allowing customization to suit specific operational and customer flow needs. The lot size offers flexibility for potential expansion or enhanced functionality. The property includes APN# 281-471-04-00, APN# 281-471-05-00 and APN# 281-471-03-00. Located in Ramona, California, this property offers high visibility and is suitable for those seeking an established retail setting with land.
Key Highlights
- High‑visibility location in Ramona.
- Spacious 5,734 sq ft commercial building.
- Includes 1.23+ acres of land, providing ample space.
Financial Insights For Retail
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 | $137.6k | $24.00 |
| − Vacancy | −$8.9k | −$1.56 |
| EGI | $128.7k | $22.44 |
| − OpEx | −$38.6k | −$6.73 |
| NOI | $90.1k | $15.71 |
5,734 SF · lease $24.00/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.29M
$1.13M – $1.50M
NOI $90,070 @ 7.0% cap · market cap 5.15%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.63M
$2.30M – $3.06M
NOI $183,899 @ 7.0% cap · market cap 10.51%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with room to grow on 1.23+ acres.
Where is this retail space located?
The property is located at 217 Earlham St Ramona, CA.
What is the asking price?
The asking price for this property is $1,750,000.
What are key features of this property?
This property features: High‑visibility location in Ramona.; Spacious 5,734 sq ft commercial building.; Includes 1.23+ acres of land, providing ample space.
