1524 Coast Highway 101 Encinitas, CA 92024
- Commercial real estate
- 776 SF
- 0.19 lot acres
Current Use by Public Records
- Tom's Mobile Bike Service / Bicycle Repair Shop / Store
Property Details for 1524 Coast Highway 101
- Lot size
- 0.19 lot acres
- Property size
- 776 SF
- Property type
- Commercial real estate
- APN
- 254-054-74-00
Description
This exceptional redevelopment opportunity is located at 1524 N Coast Hwy 101 in Encinitas, CA 92024, within the highly desirable Leucadia neighborhood. The 0.19-acre lot (APN 254-054-74-00) features a 776 square foot existing structure, presenting a unique chance to capitalize on its prime location. Situated along the heavily trafficked North Coast Highway 101, this property boasts over 15,000 daily commuters, providing significant signage opportunities. The N-CRM-1 zoning permits mixed-use development, allowing for flexibility in creating either a mixed-use project or a 100% residential development. The property's proximity to Grandview Surf Beach, local retail, restaurants, and taprooms, combined with the upcoming Leucadia Streetscape Project, promises enhanced value and a revitalized community. Adjacent to recent developments that achieved record-high sale prices for both residential and commercial properties, this offering presents a compelling investment opportunity. The asking price is $1,995,000.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Encinitas
- County
- San Diego
- State
- California
- Longitude
- -117.3061175
- Latitude
- 33.0740094