1605-1639 National City Blvd National City, CA 91950
This exceptional 27.879-acre commercial property at 1605-1639 National City Boulevard in National City, CA 91950, presents a unique investment opportunity. The existing 5,100 square foot building sits on a substantial lot, offering immediate income potential for an owner-user or significant redevelopment potential for developers. Currently zoned for mixed-use, the property allows for up to 18 residential units above ground-floor retail space, with a 65-foot height limit. This flexibility makes it ideal for a variety of uses, including quick-service restaurants (QSRs), car washes, auto repair shops, and auto sales businesses. The property's location on National City Boulevard ensures high visibility and accessibility. Adding to its appeal, this property is situated within an Opportunity Zone, providing attractive tax benefits for investors. To further facilitate a smooth transition, the current owner is open to considering a sale-leaseback arrangement during the entitlement period for developers. This comprehensive package presents a rare chance to acquire a substantial commercial property with significant upside potential in a thriving California market. The property's size, zoning flexibility, and Opportunity Zone designation combine to create a compelling investment opportunity with diverse development possibilities.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.