Property profile

102 Avenida Cabrillo San Clemente, CA 92672

OFF-MARKET
Parking lots & garages
Property ID
US09-0097391
0.09 ac lot Built 1955
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents two prime commercial parcels totaling 7,820 square feet located at 102 Avenida Cabrillo, San Clemente, CA 92672. The property is zoned Mixed Use 3.1 (MU3.1), offering significant future development potential. Currently, the land is fully leased, providing a stable income stream. One parcel boasts a 10-year NNN lease with a popular canteen, while the other features a 6-year NNN lease with a well-established hotel. The property generates a robust estimated Net Operating Income (NOI) of $288,000 annually. Ten dedicated parking stalls are included. This offering represents a rare chance to acquire a high-performing asset in the heart of San Clemente's dynamic downtown area, poised for continued growth and profitability. The asking price for this exceptional property is $6,000,000.

Property profile

Verified
Property type Parking lots & garages
Use group PARKING LOT
Year built 1955
Lot 0.09 ac (4,000 SF)
APN 058-073-25
UPID US09-0097391

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

102 Avenida Cabrillo San Clemente, CA 92672-4039
San Clemente metro Census 42108 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$385k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$730k

Owner & transaction history

since 2016
5 recorded transactions
2016
$1.8M
2008
Price N/A
2004
$174,000
2004
$1.1M
1978
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 102 Avenida Cabrillo?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message