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    990 Avenida Vista Hermosa San Clemente, CA 92673

    Sponsored
    For Sale
    $3,975,000

    Prime Retail, 8,380 SF, High-Income Area

    Property size:
    8,380 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This 8,380 square foot shopping center in San Clemente, CA, presents a rare development opportunity. Located on a 2.86-acre parcel at 990 Avenida Vista Hermosa (APN 678-161-02), this fully entitled property is "shovel ready," with permits available. The center is ideally situated across from Vista Hermosa Sports Park and Aquatic Center, benefiting from strong traffic counts due to its convenient access from Interstate 5, La Pata, and Pico Avenue. The property's location within the Talega Master Planned Community, home to approximately 9,000 residents, and its proximity to over 3 million square feet of business parks ensures a substantial daytime population of over 58,000 within a 3-mile radius. The high household incomes in the area contribute to a strong and stable demographic profile. The property is entitled for multiple tenants, with monument signage already approved. Partial leasing is already in place with high-quality tenants. Asking price is $3,975,000 ($474.34/SF). This is a premier retail, restaurant, or medical space opportunity adjacent to a Target store.

    Property Features for 990 Avenida Vista Hermosa

    General Information

    Property type
    Lifestyle centers
    Square Feet
    8,380 SF

    HighLights

    • 2.86‑acre parcel fully entitled for ±8,380 SF of retail/restaurant/medical space adjacent to Target.
    • Rare San Clemente shovel‑ready development opportunity with permits available.
    • Partially leased with high‑quality tenants.
    Property Profile Location Intelligence

    Current Use by Public Records

    Target Clinic care ... Medical Clinic CVS Pharmacy Pharmacy Dr. Christine Liu Optometrist Meighan Merono Pharmacy Coinhub Bitcoin ATM ... Atm

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    San Clemente
    County
    Orange
    State
    California
    Longitude
    -117.6062725
    Latitude
    33.4638569

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail, 8,380 SF, High-Income Area
    Where is this lifestyle center located?
    The property is located at 990 Avenida Vista Hermosa San Clemente, CA.
    What is the asking price?
    The asking price for this property is $3,975,000.
    What are key features of this property?
    This property features: 2.86-acre parcel fully entitled for ±8,380 SF of retail/restaurant/medical space adjacent to Target.; Rare San Clemente shovel-ready development opportunity with permits available.; Partially leased with high-quality tenants.
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    San Clemente, CA 92673
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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
    990 Avenida Vista Hermosa San Clemente, CA 92673
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