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    1524 Coast Highway 101 Encinitas, CA 92024

    Sponsored
    For Sale
    $1,995,000

    Prime Encinitas retail, redevelopment potential.

    Property size:
    776 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional redevelopment opportunity is located at 1524 N Coast Hwy 101 in Encinitas, CA 92024, within the highly desirable Leucadia neighborhood. The 0.19-acre lot (APN 254-054-74-00) features a 776 square foot existing structure, presenting a unique chance to capitalize on its prime location. Situated along the heavily trafficked North Coast Highway 101, this property boasts over 15,000 daily commuters, providing significant signage opportunities. The N-CRM-1 zoning permits mixed-use development, allowing for flexibility in creating either a mixed-use project or a 100% residential development. The property's proximity to Grandview Surf Beach, local retail, restaurants, and taprooms, combined with the upcoming Leucadia Streetscape Project, promises enhanced value and a revitalized community. Adjacent to recent developments that achieved record-high sale prices for both residential and commercial properties, this offering presents a compelling investment opportunity. The asking price is $1,995,000.

    Property Features for 1524 Coast Highway 101

    General Information

    Property type
    Retail properties
    Square Feet
    776 SF
    Lot Size
    8,276 SF

    HighLights

    • Prime Coast Hwy 101 development site steps from Grandview Surf Beach.
    • Exceptional location adjacent to a recently completed high‑value development.
    • Mixed‑use zoning (N‑CRM‑1).
    • Significant value enhancement anticipated from the Leucadia Streetscape Project.
    • High traffic counts (15,000+ daily commuters) offer strong signage potential.
    • Development flexibility: mixed‑use or 100% residential.
    Property Profile Location Intelligence

    Current Use by Public Records

    Tom's Mobile Bike ... Bicycle Repair Shop

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Daycare Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Encinitas
    County
    San Diego
    State
    California
    Longitude
    -117.3061175
    Latitude
    33.0740094

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    FAQs

    What type of property is this?
    Retail property - Prime Encinitas retail, redevelopment potential.
    Where is this retail property located?
    The property is located at 1524 Coast Highway 101 Encinitas, CA.
    What is the asking price?
    The asking price for this property is $1,995,000.
    What are key features of this property?
    This property features: Prime Coast Hwy 101 development site steps from Grandview Surf Beach.; Exceptional location adjacent to a recently completed high-value development.; Mixed-use zoning (N-CRM-1).
    (760) 415-3052
    Request Owner's contact information
    1524 Coast Highway 101 Encinitas, CA 92024
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    Encinitas, CA 92024
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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
    1524 Coast Highway 101 Encinitas, CA 92024
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