140 Coast Highway 101Encinitas, CA 92024

Property Details for 140 Coast Highway 101

Lot size

0.50 AC

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Parking lots & garages

APN

258-032-08-00

APU

2580320800

Description

This exceptional 12,500 square foot single-tenant office space is located at 140 N Coast Hwy 101 in San Diego County. The property sits on a 12,500 square foot lot and is zoned Commercial Mixed 2 (N-CM-2), allowing for a wide variety of uses. Permitted uses include retail establishments (bookstores, grocery stores, etc.), service businesses (barber shops, laundromats, etc.), professional and medical offices, and even residential units (single or multi-family). While many uses are permitted outright, some businesses, such as automobile-related services, recreational facilities, and certain types of retail, may require Minor Use Permits. Major Use Permits are needed for uses with a potentially larger community impact, including bars, hotels, and educational institutions. This versatile property presents a unique opportunity for a business seeking a prominent location with significant flexibility in its permitted operations. The entire 12,500 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact needs. This presents a rare chance to secure a substantial, single-tenant property in a desirable coastal location. The property's size and zoning make it suitable for a wide range of businesses, from small professional offices to larger retail operations. Its prime location on the Coast Highway offers excellent visibility and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $6,711,196

  6.5%

  $6,194,950

  7%

  $5,752,454

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,882,893

  Geo Method

  $19,318,084

• Alternative Use

  Use

  Valuation

  Residential

  $5,225,672

  Hospitality

  $4,786,688

  Educational

  $3,982,468

  Medical

  $4,119,431

  Retail

  $6,194,950

Location Insight

City

Encinitas

County

San Diego

State

California

Latitude

33.0506

Longitude

-117.295

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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