100 Rancho Santa Fe Rd San Marcos, CA 92069
- Retail space
- 50,304 SF
- 3.71 lot acres
Current Use by Public Records
- SOCAL Veterinary Hospital / Veterinarian
- Rogue Culture / Gym
- Kevin Garff / Ophthalmologist
- Prestera Medical Group/Opthamologythamology / Ophthalmologist / Optometrist
- Prestera Eye Medical Group / Eye Care Center / Ophthalmology Clinic
Property Details for 100 Rancho Santa Fe Rd
- Year built
- 1985
- Lot size
- 3.71 lot acres
- Property size
- 50,304 SF
- Zone code
- COMMERCIAL
- Property type
- Retail space
- APN
- 219-117-49-00
- APU
- 2191174900
Description
This exceptional retail property, located at 100-120 N Rancho Santa Fe Rd in San Marcos, CA 92069, offers 31,579 square feet of versatile commercial space. Currently housing a diverse mix of tenants including a gym, nail salon, dentist, and other retail and office spaces, this multi-tenant building presents a significant investment opportunity. The property sits on a substantial 4.23 acres of land and boasts 20 individual suites, with a minimum divisible space of 1,184 square feet and a maximum contiguous space of 18,990 square feet, providing flexibility for various business needs. Built in 1985, the property is undergoing significant improvements under new ownership. These renovations include exterior painting, a remodeled parking lot, a new roof, and updated monument and pylon signage. The property benefits from 24-hour access and high freeway visibility, ensuring optimal exposure for tenants. Situated in the San Diego North County submarket, specifically the San Marcos cluster, this location offers excellent access to a thriving community. This is a rare opportunity to acquire a well-located, multi-tenant retail center with significant upside potential due to the planned renovations and prime San Marcos location. The property's size and diverse tenant mix make it an attractive investment for both seasoned and emerging investors seeking a strong return on investment in a desirable market.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $6,550,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $6,350,000
- 6.5%
- $6,715,000
- 7%
- $6,265,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $6,425,000
- Geo Method
- $6,830,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $6,060,000
- Retail
- $5,760,000
- Mixed-Use
- $6,865,000
- Hospitality
- $5,815,000
- Educational
- $5,915,000
- Residential Income
- $5,265,000
- Energy
- $7,255,000
- Income-Based Land
- $5,380,000
- Food Service
- $6,040,000
Location Insight
- Map
- Local Demand
- City
- San Marcos
- County
- San Diego
- State
- California
- Longitude
- -117.199
- Latitude
- 33.1517
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
