Industrial-Flex Religious
861 Harold Place Chula Vista, CA 91914
861 Harold Place, Chula Vista, CA, 91914
$2,300,000
For Sale
$2,300,000
Three contiguous industrial-flex units built in 2009, improved for worship use with ADA-compliant restroom facilities.
Property Size5,765 SF
Price / SF$398.96
Days on Market639
Property Features for 861 Harold Place
General Information
- Standard status
- Active
- Size
- 5,765 SF
- Property subtype
- General Commercial
Listing agency
(619) 303-3399
Listed by
Coldwell Banker West
Source
Xome
Added: Oct 21, 2024 Updated: Jul 20 at 5:20PM Checked: Jul 21 at 3:53AM
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 Coldwell Banker West
Investment Insights
Based on property information with market context.
The subject property consists of three contiguous industrial/flex units constructed in 2009 and currently operated as a House of Worship under a Conditional Use Permit (CUP). The combined building totals 5,765 square feet (B.O.M.A.) and features a truss height of approximately 16'–18'.
Interiors are improved with a lobby/reception area and a sanctuary with seating capacity of 100+/-. Additional amenities include a lounge area, administrative offices, a small chapel/overflow room, children’s Sunday school room, and a fellowship hall.
Operational support spaces include two large restrooms and one smaller restroom, all ADA compliant, along with a kitchenette and storage room. The layout supports a worship and program-focused environment within the consolidated industrial-flex configuration.
Interiors are improved with a lobby/reception area and a sanctuary with seating capacity of 100+/-. Additional amenities include a lounge area, administrative offices, a small chapel/overflow room, children’s Sunday school room, and a fellowship hall.
Operational support spaces include two large restrooms and one smaller restroom, all ADA compliant, along with a kitchenette and storage room. The layout supports a worship and program-focused environment within the consolidated industrial-flex configuration.
Key Highlights
- Three contiguous industrial/flex units built in 2009 and currently used as a house of worship
- Combined building area totals 5,765 SF (B.O.M.A.) with approx. 16'-18' truss height
- Sanctuary seating capacity of 100 +/- plus lobby/reception, lounge, and administrative office areas
Local Financial Insights For Flex RnD
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 | $133.5k | $23.16 |
| − Vacancy | −$9.3k | −$1.62 |
| EGI | $124.2k | $21.54 |
| − OpEx | −$43.5k | −$7.54 |
| NOI | $80.7k | $14.00 |
5,765 SF · lease $23.16/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.15M
$1.01M – $1.35M
NOI $80,711 @ 7.0% cap · market cap 3.51%
Second Best
Industrial
$837.6K
$732.9K – $977.2K
NOI $58,634 @ 7.0% cap · market cap 2.55%
Theoretical Best
Office A
$1.84M
$1.61M – $2.15M
NOI $128,706 @ 7.0% cap · market cap 5.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
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FAQs
What type of property is this?
Church & religious facility - Three contiguous industrial-flex units built in 2009, improved for worship use with ADA-compliant restroom facilities.
Where is this church & religious facility located?
The property is located at 861 Harold Place Chula Vista, CA.
What is the asking price?
The asking price for this property is $2,300,000.
What are key features of this property?
This property features: Three contiguous industrial/flex units built in 2009 and currently used as a house of worship; Combined building area totals 5,765 SF (B.O.M.A.) with approx. 16'-18' truss height; Sanctuary seating capacity of 100 +/- plus lobby/reception, lounge, and administrative office areas
