Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1125 2nd St, Unit 1153 El Cajon, CA 92021-5024

    • Commercial land
    • 0.42 lot acres
    OFF-MARKET
    Last Sale
    Oct 20, 2022
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-0034608
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Central Sewing Centre / Sewing Company / Sewing Shop

    Property Details for 1125 2nd St

    Lot size
    0.42 lot acres
    Zone code
    COMMERCIAL
    Property type
    Commercial land
    APN
    484-232-07-00
    APU
    4842320700

    Description

    This exceptional 10,920 square foot multi-tenant retail center is strategically located in El Cajon, San Diego County, boasting a prime position between the thriving Granite Hills and Fletcher Hills neighborhoods. The property sits on a 0.86-acre lot (37,553 square feet) and is zoned C-G, allowing for diverse commercial uses. The building features approximately 4,000 square feet of available retail/office space, making it an ideal investment opportunity for multiple tenants. Its location in a busy retail corridor sees approximately 19,800 cars daily, ensuring high visibility and foot traffic. Ample parking is provided at a generous ratio of 4 spaces per 1,000 square feet. The property benefits from convenient freeway access to Highways 8, 52, 125, and 67, enhancing accessibility for both customers and employees. Surrounding amenities include the El Cajon Downtown Village, various restaurants (including Marieta's, Marechiaro's, Pancho's Mexican Grill, and Pizza Hut), Kaiser Permanente Hospital, Parkway Plaza Mall, schools, and local parks. The property's timeless and inviting design makes it an attractive option for a variety of businesses. The APN is 484-232-07-00, 484-232-08-00.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    El Cajon
    County
    San Diego
    State
    California
    Longitude
    -116.935
    Latitude
    32.8105
    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
    $892
    $71,996
    $0.00
    $71,996
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.73 Acres

      1588 Main St

      VACANT COMMERCIAL LAND • 0.73 Acres
      1588 Main St, El Cajon, CA 92021-5901
      View Details
    • Value Estimation by Request
      0.48 Acres

      Main St

      VACANT COMMERCIAL LAND • 0.48 Acres
      Main St, El Cajon, CA 92021
      View Details
    • Value Estimation by Request
      14.55 Acres

      1662 Main St, Unit 90

      VACANT COMMERCIAL LAND • 14.55 Acres
      1662 Main St, El Cajon, CA 92021-5215
      View Details
    • Value Estimation by Request
      5.23 Acres

      14109 Olde Hwy 80

      VACANT COMMERCIAL LAND • 5.23 Acres
      14109 Olde Hwy 80, El Cajon, CA 92021-2832
      View Details
    • Value Estimation by Request
      0.28 Acres

      14135 Olde Hwy 80

      VACANT COMMERCIAL LAND • 0.28 Acres
      14135 Olde Hwy 80, El Cajon, CA 92021-2824
      View Details
    • Value Estimation by Request
      0.26 Acres

      481 2nd St

      VACANT COMMERCIAL LAND • 0.26 Acres
      481 2nd St, El Cajon, CA 92021
      View Details

    Similar Nearby for Sale

    • $250,000

      Commercial Land For Sale

      Commercial land available for sale.
      351 E Bradley Ave, El Cajon, CA 92021
      View Details
    • $1,200,000

      Commercial Land For Sale

      Commercial land available for sale.
      1349 E Main St, El Cajon, CA 92021
      View Details
    • $490,000

      El Cajon Vacant Land Parcels

      Two vacant land parcels in El Cajon being sold together.
      1000 Mountain View Rd, El Cajon, CA 92021
      View Details
    • $82,000

      Land For Sale

      Land available for purchase in El Cajon, California.
      1430 E Lexington Ave, El Cajon, CA 92021
      View Details
    • $565,000
      390,733.20 Acres

      Land with Mountain and Valley Views

      Land ready to build with utilities and sweeping views.
      Chocolate Crk Rd, El Cajon, CA 92021
      View Details
    • $1,950,000
      1.80 Acres

      El Cajon Development Land

      1.8 Acres, 18-Home Potential
      1161 Anza St, El Cajon, CA 92021
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      4,560 SF

      Retail Space in El Cajon

      Retail space available for lease in El Cajon, CA.
      1437 E Main St, El Cajon, CA 92021
      View Details
    • Contact for pricing
      30,352 SF

      Broadway Retail Center Opportunity

      Prime San Diego retail space available.
      1303 Broadway, El Cajon, CA 92021
      View Details
    • Contact for pricing
      64,625 SF

      Main Street Marketplace Retail Center

      Grocery-anchored retail space, El Cajon.
      1043 Main St, El Cajon, CA 92021
      View Details
    • Contact for pricing
      1,572 SF

      El Cajon Retail Space Available

      In-line retail space available for rent in El Cajon.
      328-330 N 2Nd St, El Cajon, CA 92021
      View Details
    • Contact for pricing
      3,700 SF

      El Cajon Commercial Land - I-8 & Dunbar Ln

      Prime Retail/Restaurant Lot, Drive-Thru Ready
      9509 Chocolate Summit Dr, El Cajon, CA 92021
      View Details
    • $19 SF/Yr
      617 SF

      El Cajon Office Space Available

      First floor office space available for rent in El Cajon.
      1283 E Main St, El Cajon, CA 92021
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1125 2nd St, Unit 1153
    El Cajon, CA 92021-5024
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.