Property profile

1498 Melrose Ave Chula Vista, CA 91911

OFF-MARKET
Gas stations
Property ID
US09-7419070
1,736 SF 0.88 ac lot Built 1997
Entity Owned 12-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Gas stations
Use group SERVICE STATION (FULL SERVICE)
Year built 1997
Total area 1,736 SF
Lot 0.88 ac (38,332 SF)
Zoning code COMMERCIAL
APN 624-080-09-00
UPID US09-7419070

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
  • Auto Repair Shop
  • Gas Station
  • Crypto Atm
  • Postal Service Courier Service
  • Grocery & Convenience Store

Location

1498 Melrose Ave Chula Vista, CA 91911-5569
Chula Vista metro Census 13306 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$580k
CAP Approach CAP
by Request
Comparable Approach Comparable
$728k
Blend (final) Blend
$655k

Owner & transaction history

since 2014
7 recorded transactions
2014
Price N/A
2013
Price N/A
2008
$1.4M
2008
Price N/A
1998
$527,578
1998
$1.3M
1988
$836,000

Zoning & alternative use

COMMERCIAL · Chula Vista, 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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