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    411 Broadway El Cajon, CA 92021

    For Sale
    $10,000,000

    High-yield retail property, excellent location.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    This exceptional retail property at 411 Broadway, El Cajon, CA 92021, is offered for sale at $10,000,000. Boasting a substantial 2.54-acre lot (110,642 square feet), this fee-simple acquisition presents a compelling investment opportunity. The property's prime location near the intersection of I-8 and Highway 67 ensures high visibility and accessibility, attracting significant foot traffic and customer convenience. Its classification as a retail property suggests a strong potential for diverse commercial uses, benefiting from the established and thriving neighborhood. The property's financial performance is highlighted by its excellent income generation and attractive capitalization rate, making it an ideal asset for investors seeking a high-return investment in a desirable location. The large lot size offers significant potential for expansion or redevelopment, providing further opportunities to enhance the property's value and income stream. This is a rare opportunity to acquire a substantial retail property in a prime San Diego County location. The property's strategic positioning and strong financial performance make it a highly attractive investment prospect.

    Property Features for 411 Broadway

    General Information

    Property type
    Retail properties
    Lot Size
    110,642 SF

    HighLights

    • Excellent income and strong capitalization rate.
    • Fantastic location in El Cajon, CA.
    • Large 2.54‑acre lot (110,642 SF).
    • High visibility near I‑8 and Highway 67 intersection.
    • Fee simple ownership.
    • Located in a thriving neighborhood.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Santanas Mexican Grill Mexican Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm 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
    El Cajon
    County
    San Diego
    State
    California
    Longitude
    -116.9572555
    Latitude
    32.8073922

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    FAQs

    What type of property is this?
    Retail property - High-yield retail property, excellent location.
    Where is this retail property located?
    The property is located at 411 Broadway El Cajon, CA.
    What is the asking price?
    The asking price for this property is $10,000,000.
    What are key features of this property?
    This property features: Excellent income and strong capitalization rate.; Fantastic location in El Cajon, CA.; Large 2.54-acre lot (110,642 SF).
    Request Owner's contact information
    411 Broadway El Cajon, CA 92021
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    El Cajon, CA 92021
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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
    411 Broadway El Cajon, CA 92021
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