10149 Channel Rd Ste A, Lakeside, CA 92040-1714
This exceptional 17,117-square-foot industrial flex warehouse building in Lakeside, California, presents a rare owner-user opportunity. Located on approximately one acre of land at 10149 Channel Road (APN 394-011-13-00), this single-story structure boasts a 16-foot ceiling height and ample parking for 25 vehicles. Built in 1978 and extensively renovated in 2023, the property features a new parking lot, a new torch-down roof (with partial plywood replacement), updated landscaping, fresh exterior paint, and new signage. The property is zoned S-88 and offers significant in-place income, minimizing occupancy costs for a new owner-user. This translates to a low cost per square foot, making it an attractive investment. The building's prime location offers excellent freeway access via the 67 freeway, providing easy connections to major San Diego freeways (52, 125, and 8) and key areas like Downtown San Diego, the seaport, and naval yards. Furthermore, the property benefits from its proximity to a wealth of retail amenities, including major national retailers within a two-mile radius, and is less than five miles from Mission Gorge Square, a large shopping mall in Santee. East County's exceptionally low vacancy rate (under 1%) further underscores the property's strong investment potential and anticipated appreciation. This owner-user opportunity combines immediate income generation with long-term investment growth in a thriving San Diego market.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
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
INDUSTRIAL (M ZONE) · Lakeside, CALakeside. Always verify with local authorities before improvements.
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.