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    Church with Adjacent Lot Title is generated by Realmo AI

    6860 Madrone Ave, San Diego, CA 92114

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    Claim this Listing
    New
    For Sale
    $2,150,000

    Existing church building plus an adjacent vacant lot offers combined ownership and reuse or redevelopment possibilities.

    Type:Commercial
    Property size:
    33,140 SF
    Price / SF:
    $64/SF
    Added:
    Jun 4, 2026
    Days on Market:
    5
    Last Refresh:
    Jun 6 at 5:54 am

    Property Features for 6860 Madrone Ave

    General Information

    Standard status
    Active
    Size
    33,140 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    2017

    We can help!

    Listing Contact
    Sheri Jones
    Sheri Jones

    Listing agent Sheri Jones

    Listing office

    Listing date Jun 4, 2026

    Source Elliman

    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 Sheri Jones

    HighLights

    • Church property built in 2017 plus an adjacent vacant lot on two contiguous parcels in Encanto
    • Sale includes church building and additional lot (APN 549‑222‑12‑00) totaling approximately 33,140 SF combined
    • Zoned for potential continued religious use, owner‑user occupancy, or future redevelopment (subject to City approval)
    • Located within a Transit Priority Area near trolley access
    • Buyer note: listing price is for the church building only; must purchase the vacant lot in a bundle sale
    • Transit Priority Area scores: walkScore 64, transitScore 48, bikeScore 24

    Overview

    This sale package includes an existing church building together with an additional adjacent lot on two contiguous parcels. The church property and the extra lot (APN 549-222-12-00) are offered as a bundle totaling approximately 33,140 SF combined. The property is positioned for flexibility under its current zoning, with support for continued religious use, owner-user occupancy, or other future redevelopment options subject to City approval.

    The property is located in Encanto within a Transit Priority Area described as being near trolley access. Walk and bike scores are noted as somewhat supportive, with transit scored as moderate. Buyer should note that the listing price is for the church building only, and the adjacent vacant lot must be purchased as part of the bundle sale.

    For an owner-user, the combined church building and adjacent lot provide space aligned with ongoing religious use or an occupancy-focused plan. For developers and investors, the pairing of contiguous parcels offers a straightforward acquisition for evaluating redevelopment (subject to City approval) while also supporting nonprofit or community uses that can operate from the existing church facility.
    Location Intelligence

    Current Use by Public Records

    True Vine Missionary ... Church TrueVine Community Church ... Church

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    San Diego
    County
    San Diego
    State
    California
    Longitude
    -117.049579
    Latitude
    32.7089624

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    FAQs

    What type of property is this?
    Church & religious facility - Existing church building plus an adjacent vacant lot offers combined ownership and reuse or redevelopment possibilities.
    Where is this church & religious facility located?
    The property is located at 6860 Madrone Ave San Diego, CA.
    What is the asking price?
    The asking price for this property is $2,150,000.
    What are key features of this property?
    This property features: Church property built in 2017 plus an adjacent vacant lot on two contiguous parcels in Encanto; Sale includes church building and additional lot (APN 549‑222‑12‑00) totaling approximately 33,140 SF combined; Zoned for potential continued religious use, owner‑user occupancy, or future redevelopment (subject to City approval)
    (619) 607-2439
    We can help!
    Listing Contact
    Sheri Jones
    Sheri Jones
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

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