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Professional Office Unit
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4407 Manchester Ave, Encinitas, CA 92024

Compact office suite in an established professional campus with adjacent complimentary parking for owners, staff, patients, and clients.

Property Size480 SF
Price / SF$800
Days on Market50

Property Features for 4407 Manchester Ave

General Information

Standard status Active
Size 480 SF
Property subtype OFFICE
Listing Agency: Urban Property Group (UPG)
Listed By: Amy McNamara · License #01083491
Source: Moodyscre
Added: Aug 19 Changed: Oct 5 Last Checked: Oct 5 at 6:39PM

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 Urban Property Group (UPG)

Investment Insights

Based on property information with market context.

This 480-square-foot office unit is located within Encinitas Professional Park, an established professional office campus serving medical, legal, financial, and other professional service providers. The suite offers an owner-user setting within a campus environment and includes complimentary parking adjacent to the premises.

The property is near the signalized intersection of Encinitas Boulevard and Manchester Avenue, directly across from Rancho Santa Fe Plaza. El Camino Real is nearby for north-south travel through North County, while Downtown Encinitas and approximately six miles of Pacific coastline are a short drive away.

Key Highlights

  • 480‑square‑foot office unit in Encinitas Professional Park
  • Adjacent complimentary parking for owners, staff, patients, and clients
  • Near the signalized intersection of Encinitas Boulevard and Manchester Avenue

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,107
Cap Rate
2.89%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,140 $222.1K
Cap Rate 7%
$158,671 $158.7K
Cap Rate 9%
$123,411 $123.4K
Market Conditions
NOI Build-Up for 480 SF
Gross rent
$17.3K $36.00/SF
− Vacancy
−$2.5K −$5.15/SF
EGI
$14.8K $30.85/SF
− OpEx
−$3.7K −$7.71/SF
NOI
$11.1K $23.14/SF
Area
San Diego County, CA
Vacancy
14.30%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$222,140
Cap Rate 7%
$158,671
Cap Rate 9%
$123,411

Alternative Uses

Best Use
Office B
$158.7K
$138.8K – $185.1K (±1% cap)
NOI $11,107 @ 7.0% cap · market cap 2.89%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$219.9K
$192.4K – $256.6K (±1% cap)
NOI $15,394 @ 7.0% cap · market cap 4.01%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Encinitas Guitar Orchestra Theater & Performing Art Venue Tending Souls Psychotherapist Adopt A Highway Litter ... Construction Company CentrePoint Inc Alternative Medicine Practice Belle Hazlehurst, RN, ... Counselor

Suggested Use

Top Pick Restaurant Hair Salon Nail Salon Electrical Service Kitchen & Bath Showroom Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

637
Businesses Nearby

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Compact office suite in an established professional campus with adjacent complimentary parking for owners, staff, patients, and clients.
Where is this office units located?
The property is located at 4407 Manchester Ave Encinitas, CA.
What is the asking price?
The asking price for this property is $384,000.
What are key features of this property?
This property features: 480‑square‑foot office unit in Encinitas Professional Park; Adjacent complimentary parking for owners, staff, patients, and clients; Near the signalized intersection of Encinitas Boulevard and Manchester Avenue
(760) 889-2127 Call to check price and availability
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