Technical
Financial
Distress signals
Property profile

131 33rd St National City, CA 91950

OFF-MARKET
Manufacturing properties
Property ID
US09-7263611
79,674 SF 3.23 ac lot Built 1969
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 8,786-square-foot warehouse in San Diego County is available for lease. The single-tenant property boasts a spacious layout with ceiling heights ranging from approximately 18 to 20 feet, providing ample vertical storage capacity. The building is equipped with fire sprinklers, ensuring a safe and secure environment for operations. Conveniently located on West 33rd Street, this property offers excellent street visibility and identity. Access to major transportation arteries is a key advantage, with immediate proximity to Highway 54, providing easy connections to I-805, I-5, and Highway 94. The location also benefits from its proximity to a variety of retail amenities, including popular restaurants such as In-N-Out Burger, Starbucks, Jersey Mike's, and Chipotle, enhancing convenience for employees and visitors. The property includes a fenced and secured perimeter with electronic gate access, providing enhanced security. Nine parking spaces are available on-site. Note that a sublease expires May 31, 2020. Please do not disturb the occupant. All offers should be submitted through the appropriate channels. This warehouse presents a compelling opportunity for businesses seeking a well-located, functional, and secure industrial space in San Diego.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1969
Total area 79,674 SF
Lot 3.23 ac (140,698 SF)
Zoning code INDUSTRIAL (M ZONE)
APN 562-330-39-00
UPID US09-7263611

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
  • Distribution Center Logistics Company
  • Engineering Consultant
  • Freight Service Logistics Company
  • Grocery & Convenience Store

Location

131 33rd St National City, CA 91950-7266
National City metro Census 21900 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$8.20M
CAP Approach CAP
$14.03M
Comparable Approach Comparable
$11.65M
Blend (final) Blend
$7.15M

Owner & transaction history

since 2023
Last sale
$12.9M
7 recorded transactions
2023
$12.9M
2020
$13.5M
2010
Price N/A
2006
$8.0M
2005
Price N/A
2001
Price N/A
1999
$3.4M

Zoning & alternative use

INDUSTRIAL (M ZONE) · National City, CA

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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