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Storefront with Kitchenette
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525 Evans Pl A, San Diego, CA 92103

Commercial Sale, San Diego, CA

Property Size470 SF
Price / SF$3.94
Days on Market94

Property Features for 525 Evans Pl A

General Information

Property type Commercial Sale
Property subtype Other
Parking features Other
Lot features Neighborhood Shopping Ctr
Directions on 6th Ave at Evans Place
Subdivision MISSION HILLS (92103)
Standard status Active
APN 452-063-64-00

Amenities

New Kitchenette with stainless steel refrigerator and stove top
Bathroom

Building Details

Floors in Building 1
Number of units 1
Flooring type Slab
Roof type Composition
Listing Agency: Joe Carta Realty · Century 21 Real Estate
Listed By: Joe Carta · License #00744190
Added: Jul 14 Changed: Oct 8 Last Checked: Oct 15 at 11:06PM
MLS# 260017218

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This storefront offers approximately 470 square feet of commercial space, with a kitchenette fitted with a stainless steel refrigerator and stovetop. A bathroom is also part of the space, and the floor is slab construction.

The property is at 525 Evans Pl A in San Diego’s Hillcrest area. Parking is available on the street. The landlord may consider a build-to-suit arrangement under certain circumstances.

Key Highlights

  • Approximately 470 square feet
  • Kitchenette includes a stainless steel refrigerator and stovetop
  • Private bathroom

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$11,345
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,900 $226.9K
Cap Rate 7%
$162,071 $162.1K
Cap Rate 9%
$126,056 $126.1K
Market Conditions
NOI Build-Up for 470 SF
Gross rent
$16.9K $36.00/SF
− Vacancy
−$712 −$1.52/SF
EGI
$16.2K $34.48/SF
− OpEx
−$4.9K −$10.35/SF
NOI
$11.3K $24.14/SF
Area
San Diego, CA
Vacancy
4.21%
Lease Rate
$36.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$226,900
Cap Rate 7%
$162,071
Cap Rate 9%
$126,056

Alternative Uses

Best Use
Retail
$162.1K
$141.8K – $189.1K (±1% cap)
NOI $11,345 @ 7.0% cap · market cap 613.24%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$185.6K
$162.4K – $216.6K (±1% cap)
NOI $12,995 @ 7.0% cap · market cap 702.43%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Sands Coffee Roasters Cafe & Coffee Shop Redfield's Lock and Key ... Locksmith

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service HVAC Service Electronics & Wireless 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

5,318
Businesses Nearby
319k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 35% Dining 31% Shops & Services 25% Apparel 3%
Whole Foods Market Groceries
64,059 visits/mo 0.2 miles
Ralphs Groceries
46,221 visits/mo 0.4 miles
Shell Shops & Services
13,326 visits/mo 0.4 miles
Better Buzz Coffee Roasters Dining
12,340 visits/mo 0.3 miles
Jack in the Box Dining
12,210 visits/mo 0.3 miles

Demographics for 92103, CA

33,311
Population
21,363
Households
1.6
Avg Household Size
42
Median Age
63%
College-Educated
97%
High-School Grad
3.7 sq mi
ZIP Area
9,003
Density / Sq Mi
$96,887
Median Household Income
$69,732
Median Earnings
$2,020
Median Rent
$986,800
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 San Diego, CA

4.9% 2019
6% 2020
5.8% 2021
4.5% 2022
4.4% 2023
4.4% 2024
4.8% 2025

Similar Off Market Nearby

  • Mission Hills Florist — 901 W Washington St, San Diego, CA 92103
  • Vons Floral — 515 W Washington St, San Diego, CA 92103
  • Green Bazaar Floorist plants & more — 836 Washington St, San Diego, CA 92103
  • Rainbow Flowers — 1070 University Ave, San Diego, CA 92103
  • Backbone Floral - Event Florist - Dried Florals — 910 Fort Stockton Dr, San Diego, CA 92103

Frequently Asked Questions

What type of property is this?
Storefront property - The compact commercial space includes a private bathroom and street parking.
Where is this storefront property located?
The property is located at 525 Evans Pl A San Diego, CA.
What are key features of this property?
This property features: Approximately 470 square feet; Kitchenette includes a stainless steel refrigerator and stovetop; Private bathroom
More about this property
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