Technical
Financial
Distress signals
Property profile

1205 Highland Ave National City, CA 91950

OFF-MARKET
Retail space
Property ID
US09-7266271
4,790 SF 0.27 ac lot Built 1962
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Home Appliance Store
  • Physician

Location

1205 Highland Ave National City, CA 91950-3536
National City metro Census 11700 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.44M
CAP Approach CAP
$1.16M
Comparable Approach Comparable
$1.66M
Blend (final) Blend
$1.37M

Owner & transaction history

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
Top alternative use upside
Medical building $2.3M +91.8%
Office building $1.7M +45.8%

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
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