Office/Warehouse Building Near
895 Palomar Street Chula Vista, CA 91911
For Sale
Contact for pricing
6,612 SF office/warehouse building near Chula Vista Bayfront.
Property Size6,612 SF
Price / SF$449.94
Days on Market136
Property Features for 895 Palomar Street
General Information
- Standard status
- Active
- Size
- 6,612 SF
- Property subtype
- Office, Industrial
Building Details
- Year Built
- 1979
Listing Agency:
Voit Real Estate Services San Diego
Listed By:
Kimberly Clark · License #CA 01439305
Source:
Crexi
Added: Mar 13
Changed: Jul 10
Last Checked: Jul 25 at 3:28PM
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 Voit Real Estate Services San Diego
Investment Insights
Based on property information with market context.
This 6,612 square foot office/warehouse building presents an opportunity for either an owner-user or an investor. Situated along the Bayfront, the property benefits from its proximity to the new Chula Vista Bayfront Project currently under construction. Zoned for light industrial/commercial use, the property accommodates a wide variety of uses. The building features a combination of 5 warehouses and 12 small offices. It offers views of the Bayfront and provides convenient access to the 5 freeway.
Key Highlights
- Bayfront location near the new Chula Vista Bayfront Project.
- 6,612 SF Office/Warehouse building suitable for owner‑user or investor.
- Light industrial/commercial zoning allows for a wide variety of uses.
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 | $153.1k | $23.16 |
| − Vacancy | −$10.7k | −$1.62 |
| EGI | $142.4k | $21.54 |
| − OpEx | −$49.8k | −$7.54 |
| NOI | $92.6k | $14.00 |
6,612 SF · lease $23.16/SF/yr · vacancy 7.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$1.32M
$1.16M – $1.54M
NOI $92,569 @ 7.0% cap · market cap 3.11%
Second Best
Warehouse
$1.17M
$1.02M – $1.36M
NOI $81,659 @ 7.0% cap · market cap 2.74%
Theoretical Best
Office A
$2.11M
$1.85M – $2.46M
NOI $147,616 @ 7.0% cap · market cap 4.96%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
KS Notary Public ...
Law Firm
Valencia Bookkeeping
Accounting Firm
Barliz Flowers
(Bike/Boat/Book/etc) Store
Turbo pc repair
Computer & Electronic Repair
Platina & Asociados Chula ...
Immigration & Naturalization Service
Similar Off Market Nearby
- La Taquiza — 1413 Jayken Way ste b, Chula Vista, CA 91911
- Casa D'El Taco Catering — 1660 Broadway, Chula Vista, CA 91911
- Quality Coast Inc — 2520 Main St A, Chula Vista, CA 91911
FAQs
What type of property is this?
Flex space - 6,612 SF office/warehouse building near Chula Vista Bayfront.
Where is this flex space located?
The property is located at 895 Palomar Street Chula Vista, CA.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: Bayfront location near the new Chula Vista Bayfront Project.; 6,612 SF Office/Warehouse building suitable for owner‑user or investor.; Light industrial/commercial zoning allows for a wide variety of uses.
