Mixed-Use Retail/Multifamily Investment
For Sale
$3,750,000
710 730 E 8th st, National City, CA 91950
Mixed-use property with retail and multifamily units, high cap rate.
Property Size9,818 SF
Lot Size0.61 Acres
Price / SF$381.95
Days on Market151
Property Features for 710 730 E 8th st
General Information
Standard status
Active
Size
9,818 SF
Lot size
0.61 Acres
Property subtype
Commercial
Building Details
Year Built
1937
Listing Agency:
Venture Pacific Properties
(951) 226-5454
Listed By:
Jason Lipovsky (jason@venture-pacific.net) · License #01443834
Source:
Mrmurrieta
Added: Mar 27
Changed: Aug 23
Last Checked: Aug 24 at 7:26AM
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 Venture Pacific Properties
Investment Insights
Based on property information with market context.
This mixed-use property features both retail and multifamily units. It has 10 tenants and a projected 6.58% capitalization rate. The gross leasable area is approximately 9,818 square feet, situated on a lot of approximately 26,446 square feet. The property includes one grade-level roll-up door. It is zoned MXC-1 and has APN numbers 56-492-12 & 13; 556-492-10. Average daily traffic counts are between 17,816 and 20,243. The surrounding area has a household income of $60,322 and a population of 195,730.
Key Highlights
- Mixed‑Use Retail/Multifamily Property
- 10 Tenants
- 6.58% Cap Rate Projection**
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$212,033
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,240,660
$4.2M
Cap Rate 7%
$3,029,043
$3.0M
Cap Rate 9%
$2,355,922
$2.4M
Market Conditions
NOI Build-Up for 9,818 SF
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.
Gross rent
$395.9K $40.32/SF
− Vacancy
−$56.6K −$5.77/SF
EGI
$339.3K $34.55/SF
− OpEx
−$127.2K −$12.96/SF
NOI
$212.0K $21.60/SF
Area
San Diego County, CA
Vacancy
14.30%
Lease Rate
$40.32 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$4,240,660
Cap Rate 7%
$3,029,043
Cap Rate 9%
$2,355,922
Alternative Uses
Best Use
Mixed Use
$3.03M
$2.65M – $3.53M
NOI $212,033 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.50M
$3.94M – $5.25M
NOI $314,880 @ 7.0% cap · market cap 8.40%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,905
Businesses Nearby
Explore this area
Business Placement
Demographics for 91950, CA
57,849
Population
19,049
Households
3
Avg Household Size
36
Median Age
16%
College-Educated
76%
High-School Grad
7.3 sq mi
ZIP Area
7,925
Density / Sq Mi
$63,858
Median Household Income
$34,013
Median Earnings
$1,600
Median Rent
$580,700
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and multifamily units, high cap rate.
Where is this mixed-use property located?
The property is located at 710 730 E 8th st National City, CA.
What is the asking price?
The asking price for this property is $3,750,000.
What are key features of this property?
This property features: Mixed‑Use Retail/Multifamily Property; 10 Tenants; 6.58% Cap Rate Projection**
