8053 Broadway Lemon Grove, CA 91945
- Retail space
- 13,680 SF
- 1.08 lot acres
Current Use by Public Records
- Family House of Pancakes / Breakfast Restaurant
Property Details for 8053 Broadway
- Year built
- 1979
- Lot size
- 1.08 lot acres
- Property size
- 13,680 SF
- Zone code
- COMMERCIAL
- Property type
- Retail space
- APN
- 480-132-12-00
- APU
- 4801321200
Description
This exceptional free-standing retail property, located at 8053-8099 Broadway in Lemon Grove, California, presents a unique investment opportunity. The Washington Center boasts a total of 1,020 square feet of commercial space, currently entirely vacant and ready for immediate occupancy. Situated in San Diego County, zip code 91945, this property offers high visibility and accessibility from a major thoroughfare. The building's single-tenant configuration allows for complete customization to suit a wide range of retail businesses. With its convenient location and ample space, this property is ideal for entrepreneurs seeking a high-traffic location to establish their business. The property is categorized as a retail space within the commercial sector, offering a versatile layout adaptable to various retail concepts. The address, 8053-8099 Broadway, ensures easy access for customers and employees alike. The entire 1,020 square feet is available for lease, providing a blank canvas for a new business venture. This presents a rare opportunity to secure a prominent retail space in a thriving community. The property's location in Lemon Grove, California offers a strong potential customer base and excellent visibility. This is a turnkey solution for businesses seeking a ready-to-occupy retail space in a desirable location. The property's size and configuration make it suitable for a variety of retail uses. Don't miss this chance to secure this prime retail location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $10,700,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $11,570,000
- 6.5%
- $10,860,000
- 7%
- $11,630,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $9,660,000
- Geo Method
- $11,960,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $10,965,000
- Retail
- $9,845,000
- Mixed-Use
- $11,730,000
- Hospitality
- $11,455,000
- Educational
- $9,035,000
- Residential Income
- $10,670,000
- Energy
- $9,950,000
- Income-Based Land
- $10,075,000
- Food Service
- $10,120,000
Location Insight
- Map
- Local Demand
- City
- Lemon Grove
- County
- San Diego
- State
- California
- Longitude
- -117.024
- Latitude
- 32.7428
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
