140 Coast Hwy 101 Encinitas, CA 92024-3227
- Parking lots & garages
- 0.50 lot acres
Current Use by Public Records
- TECHNICAL AUTO REPAIR / Auto Repair Shop
- CALIFORNIA TOWING / Towing Service
- Encinitas Aloha Auto Repair / Auto Repair Shop / Oil Change Service
- EZ Cars 101 Enc, LLC. / Used Car Dealer / Auto Broker
Property Details for 140 Coast Hwy 101
- Lot size
- 0.50 lot acres
- Zone code
- COMMERCIAL
- Property type
- Parking lots & garages
- APN
- 258-032-08-00
- APU
- 2580320800
Description
This exceptional 12,500 square foot single-tenant office space is located at 140 N Coast Hwy 101 in San Diego County. The property sits on a 12,500 square foot lot and is zoned Commercial Mixed 2 (N-CM-2), allowing for a wide variety of uses. Permitted uses include retail establishments (bookstores, grocery stores, etc.), service businesses (barber shops, laundromats, etc.), professional and medical offices, and even residential units (single or multi-family). While many uses are permitted outright, some businesses, such as automobile-related services, recreational facilities, and certain types of retail, may require Minor Use Permits. Major Use Permits are needed for uses with a potentially larger community impact, including bars, hotels, and educational institutions. This versatile property presents a unique opportunity for a business seeking a prominent location with significant flexibility in its permitted operations. The entire 12,500 square feet is currently vacant, offering a blank canvas for a new tenant to customize the space to their exact needs. This presents a rare chance to secure a substantial, single-tenant property in a desirable coastal location. The property's size and zoning make it suitable for a wide range of businesses, from small professional offices to larger retail operations. Its prime location on the Coast Highway offers excellent visibility and accessibility.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $310,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $445,000
- 6.5%
- $395,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $435,000
- Geo Method
- $395,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $445,000
- Retail
- $495,000
- Mixed-Use
- $495,000
- Hospitality
- $425,000
- Educational
- $460,000
- Residential Income
- $390,000
- Energy
- $425,000
- Income-Based Land
- $360,000
- Food Service
- $355,000
Location Insight
- Map
- Local Demand
- City
- Encinitas
- County
- San Diego
- State
- California
- Longitude
- -117.295
- Latitude
- 33.0506
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA