2037 Wilson Ave National City, CA 91950
- Land
- 1.00 lot acres
Current Use by Public Records
- Land
Property Details for 2037 Wilson Ave
- Lot size
- 1.00 lot acres
- Property type
- Land
Description
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.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- National City
- County
- San Diego
- State
- California
- Longitude
- -117.108
- Latitude
- 32.6634