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Financial
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Property profile

230-292 Avocado Ave El Cajon, CA 92020

OFF-MARKET
Office Spaces
13,852 SF
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Property summary

AI-generated overview

This exceptional owner-user opportunity presents a 13,852 square foot, single-story medical office building situated in the heart of El Cajon, California. The property, known as the Avocado Professional Center, is located at 230-292 Avocado Ave, 92020, and features six buildings on a 69,696 square foot lot, offering ample space and potential. Currently at 60% occupancy across eight units, this multi-tenant property presents a significant value-add opportunity for a medical professional or investor. The building boasts a charming, garden-like setting with attractive landscaping and convenient access from Lexington and Avocado Avenues, with additional parking access on Douglass. The property includes 40 parking spaces, a significant advantage in this location. Its CR zoning ensures flexibility for future development or expansion. The central El Cajon location provides excellent access to major thoroughfares and is conveniently close to numerous non-profit organizations, offering a strong patient base and community connection. This is a rare chance to acquire a well-positioned medical office complex with significant upside potential in a desirable area. The property's single-story design and ample parking are key features that enhance its appeal and functionality. This is an ideal investment for an owner-user seeking to combine professional space with a passive income stream. The property's existing tenant base provides immediate cash flow, while the significant remaining vacancy allows for future growth and customization.

Property profile

Verified
Property type Office Spaces
Total area 13,852 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Property Management Company

Location

230-292 Avocado Ave El Cajon, CA 92020
El Cajon metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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