2989-2995 National Ave, San Diego, CA
3,300 SF vacant retail building on high-visibility corner lot.
- Added:
- Jun 6, 2025
- Days on Market:
- 370
- Last Refresh:
- May 20 at 8:58 pm
Property Features for 2989-2995 National Ave
General Information
- Standard status
- Active
- Size
- 3,300 SF
- Lot size
- 0.16 Acres
- Property subtype
- RETAIL
Listing agent Eric Lowe, J.D. (619) 776-2681
Listing office Starker West (619) 776-2681
Listing date Jun 6, 2025
Source Moodyscre
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 Starker West
HighLights
- High‑visibility corner lot location on National Avenue.
- 3,300 SF vacant retail building.
- Mixed‑use zoning allows for multiple redevelopment and repositioning possibilities.
- Suitable for investors, owner‑occupants, and developers.
- Value‑add potential through ground‑up multifamily development.
- Value‑add potential through repurposing the existing improvements.
Overview
Local 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 | $118.8k | $36.00 |
| − Vacancy | −$5.0k | −$1.52 |
| EGI | $113.8k | $34.48 |
| − OpEx | −$34.1k | −$10.35 |
| NOI | $79.7k | $24.14 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.13
- Latitude
- 32.6957
