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    131 Aberdeen Dr Encinitas, CA 92007

    Sponsored
    For Sale
    $11,900,000

    Prime Cardiff location, fully furnished.

    Property size:
    12,906 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional 12,906 sq ft office building in Encinitas, CA presents a unique owner-user opportunity. Situated on a 0.51-acre lot in the heart of Cardiff by the Sea's vibrant retail corridor, this property boasts 41 on-site parking spaces—a rarity for coastal properties. The building, constructed in 1967 and renovated in 1996, features a modern creative office layout with open ceilings, showers, surfboard racks, and ample storage. A fully furnished "plug-and-play" setup includes adjustable desks, chairs, cabling, and even a ping pong table, saving a buyer significant move-in costs. The two-story building is zoned C-GC1 and offers a rooftop deck with panoramic ocean views. Its prime location places it adjacent to popular businesses like VG Donut and Bakery, Bump Coffee, and The Shanty, and across from San Elijo State Beach Campgrounds. The asking price is $11,900,000. Four gates are included for potential future installation to enhance parking security and monetization. This represents a financially accretive investment, offering significant depreciation write-offs, principal paydown, and building appreciation potential. This is a truly exceptional coastal property ideal for a discerning owner-user seeking a turnkey solution in a highly desirable location.

    Property Features for 131 Aberdeen Dr

    General Information

    Property type
    Office space
    Square Feet
    12,906 SF
    Lot Size
    22,216 SF

    Building Details

    Year Built/Renovated
    1967/1996
    Buildings
    1
    Stories
    2

    HighLights

    • Trophy coastal retail property in Cardiff‑by‑the‑Sea's prime retail corridor, near popular businesses.
    • 0.58‑acre lot with 41 on‑site parking spaces—a rare feature for coastal properties; includes four gates for future installation.
    • Modern office space with open ceilings, showers, surfboard storage, and a rooftop deck boasting panoramic ocean views.
    Property Profile Location Intelligence

    Current Use by Public Records

    SAP America Inc. Software Company

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Food Market Grocery Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Encinitas
    County
    San Diego
    State
    California
    Longitude
    -117.2812213
    Latitude
    33.0203484

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    FAQs

    What type of property is this?
    Office space - Prime Cardiff location, fully furnished.
    Where is this office space located?
    The property is located at 131 Aberdeen Dr Encinitas, CA.
    What is the asking price?
    The asking price for this property is $11,900,000.
    What are key features of this property?
    This property features: Trophy coastal retail property in Cardiff-by-the-Sea's prime retail corridor, near popular businesses.; 0.58-acre lot with 41 on-site parking spaces—a rare feature for coastal properties; includes four gates for future installation.; Modern office space with open ceilings, showers, surfboard storage, and a rooftop deck boasting panoramic ocean views.
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    Encinitas, CA 92007
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    Realmo Value Estimation

    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.

    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.

    Alternative use

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

    More about this property
    131 Aberdeen Dr Encinitas, CA 92007
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