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Property profile & analytics
OFF-MARKET Estimated value $1,465,000
Retail space

1205 Highland Ave National City, CA 91950-3536

4,790 SF 0.27 ac lot Built 1962
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7266271
Property summary
AI-generated overview

This ±4,790 square foot freestanding retail building presents a compelling investment opportunity in National City, California. Situated on a ±11,761 square foot lot, the property boasts a generous parking ratio of 3.32 spaces per 1,000 square feet, providing ample parking for customers and employees with a total of 8 spaces. The building enjoys excellent visibility with 65 feet of street frontage on Highland Avenue and convenient access via one curb cut. Its prime location in the heart of National City places it on a major thoroughfare, offering high traffic exposure and easy access to various retail amenities. The property benefits from convenient freeway access to I-5 and Highway 54, enhancing its accessibility and appeal to both businesses and customers. The asking price for this well-positioned retail building is $1,650,000, representing a strong value proposition in the thriving South Bay market. This is an exceptional opportunity for investors seeking a stable, high-traffic retail property in a desirable location. The property's size, parking, and visibility make it an ideal investment for a variety of retail businesses.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1962
Total area 4,790 SF
Lot 0.27 ac (11,759 SF)
Zoning code COMMERCIAL
APN 561-011-08-00
UPID US09-7266271
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • UA STORE United Appliances Hardware & Home Improvement Home Appliance Store
  • Dr. micheil M. olympia, DDS Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$1.44M
CAP Approach CAP
$1.16M
Comparable Approach Comparable
$1.66M
Blend (final) Blend
$1.47M
Owner & transaction history
Pether Investments LLC · 3 yrs held
Pether Investments LLC
since 2022
Last sale
$1.5M
7 recorded transactions
2022
$1.5M
2022
Price N/A
2009
Price N/A
2008
$700,000
2007
Price N/A
2006
Price N/A
1969
Price N/A
Zoning & alternative use
COMMERCIAL · National City, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building $2.3M +91.8%
Office building $1.7M +45.8%
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