6122-36 Lake Murray Blvd La Mesa, CA 91942
This exceptional mixed-use property, located at 6122-36 Lake Murray Blvd, La Mesa, CA 91942, presents a compelling investment opportunity. The 10,800 square foot building, constructed in 1979, sits on a substantial 39,204 square foot lot and is zoned CN, allowing for diverse commercial uses including retail, office, and potentially residential. Its prime location benefits from high foot traffic, situated adjacent to a Ross Dress For Less and near popular businesses such as Starbucks and Jack in the Box. The property's strategic design maximizes visibility for all retail spaces, ensuring a premium shopping experience. Ample parking is provided with 500 surface spaces. The asking price is $5,100,000. Its proximity to San Diego State University further enhances its appeal and potential for strong returns. This versatile property offers a unique blend of established commercial space and significant development potential in a thriving San Diego County location. The property's size and zoning provide flexibility for a variety of business models, making it an attractive investment for both owner-users and investors seeking a strong return on investment. The high visibility and convenient location ensure consistent customer traffic and potential for long-term growth.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.