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    2037 Wilson Ave National City, CA 91950

    Sponsored
    For Sale
    $3,400,000

    High-yield land, prime location, $5,500/month income

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    399
    This exceptional 0.57-acre commercial land parcel in National City, California, presents a compelling investment opportunity. Located at 2037 Wilson Ave, zip code 91950, this property is zoned MCR-2 (Multi-use Commercial-Residential) and falls within the National City West Side specific plan. Currently generating a substantial monthly rental income of $5,500 from short-term leases, this asset offers immediate cash flow potential. Its strategic location provides convenient access to major transportation arteries, including proximity to the I-5 Freeway and the 24th Street Transit Center, offering easy access to the MTS Trolley and bus lines. Furthermore, the property's proximity to major shopping centers enhances its appeal and potential for future development. The asking price for this remarkable property is $3,400,000. This represents a rare chance to acquire a high-yield commercial land asset in a rapidly developing area with significant upside potential. The property's location near the naval base further adds to its long-term investment value.

    Property Features for 2037 Wilson Ave

    General Information

    Property type
    Land
    Lot Size
    43,560 SF

    HighLights

    • 0.57‑acre lot.
    • Multi‑use commercial/residential zoning (MCR‑2).
    • $5,500/month in existing rental income.
    • Excellent freeway (I‑5) and naval base access.
    • Located within the National City West Side Specific Plan.
    • One block from the 24th Street Transit Center (trolley and bus).
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    National City
    County
    San Diego
    State
    California
    Longitude
    -117.1076518
    Latitude
    32.6634317

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    Nearby Similar for Sale

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    FAQs

    What type of property is this?
    Land - High-yield land, prime location, $5,500/month income
    Where is this land located?
    The property is located at 2037 Wilson Ave National City, CA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    What are key features of this property?
    This property features: 0.57-acre lot.; Multi-use commercial/residential zoning (MCR-2).; $5,500/month in existing rental income.
    Request Owner's contact information
    2037 Wilson Ave National City, CA 91950
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    National City, CA 91950
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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
    2037 Wilson Ave National City, CA 91950
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