1275 2Nd StEl Cajon, CA 92021

  • Retail properties
  • 5,040 SF
For Lease

Property Details for 1275 2Nd St

Year built
1951
Lot size
0.30 AC
Property size (Sq ft)
5,040 SF
Zone code
COMMERCIAL
Property type
Retail properties
Property subtype
Retail space
APN
484-120-25-00
APU
4841202500

Description

This exceptional retail opportunity is located at 1275-1283 N 2nd Street, El Cajon, CA 92021. The property offers approximately 1,350 square feet of ground floor retail space within a larger 5,040 square foot mixed-use building. This prime location boasts excellent street visibility and is situated in a highly walkable area, scoring a 72 on the walkability index. The building provides convenient onsite parking for customers and employees. Its strategic location offers easy access to major transportation arteries, including Interstate 8 and Highway 67, ensuring high traffic exposure. The average daily traffic count on this street is 19,800 vehicles. This translates to significant potential for customer reach and business growth. A compelling leasing incentive is available: two months of abated rent for qualified tenants signing a lease term of three years or more. This is an ideal space for a variety of retail businesses seeking a vibrant and accessible location in El Cajon. The property is in a mixed-use building, offering a diverse and dynamic environment. Don't miss this chance to establish your business in a thriving community.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,646,239
    6.5%
    $1,519,605
    7%
    $1,411,062
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,090,392
    Geo Method
    $4,470,300
  • Alternative Use

    Use
    Valuation
    Residential
    $1,281,844
    Hospitality
    $1,174,162
    Educational
    $976,889
    Medical
    $1,010,486
    Retail
    $1,519,605
1275 2Nd St, El Cajon, California
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Location Insight

City
El Cajon
County
San Diego
State
California
Latitude
32.8129
Longitude
-116.935
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$19,152
$780,300
$572,220
$1,352,520
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