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Property profile & analytics
OFF-MARKET Estimated value $5,620,000
Grocery and convenience stores

1670 Main St Ramona, CA 92065-5240

22,224 SF 2.3 ac lot Built 1995
Entity Owned 4-yr Hold Free & Clear
Property ID
US09-9898500
Property summary
AI-generated overview

This exceptional 19,753-square-foot retail space presents a compelling junior anchor opportunity within the thriving Stonegate Plaza in Ramona, California. Situated at 1670 Main Street, this single-tenant property enjoys a highly visible location on the town's main arterial, ensuring maximum exposure and accessibility. The property's strategic placement within Stonegate Plaza places it in close proximity to a variety of established regional and national retailers, creating a synergistic environment that drives significant foot traffic and consumer activity. Located just 14 minutes northeast of Poway, this location benefits from the combined strengths of a vibrant local community and convenient access to a larger regional market. The property's substantial size offers considerable flexibility for a wide range of retail uses, making it an ideal investment for businesses seeking a prominent presence in a growing California market. The address is 1670 Main St, Ramona, CA 92065. This is a single-tenant property offering a significant opportunity for a business seeking a strong foothold in the Ramona commercial center. The property's size and location within Stonegate Plaza make it an attractive option for businesses looking to establish a substantial presence in a high-traffic area.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1995
Total area 22,224 SF
Lot 2.3 ac (100,188 SF)
Zoning code COMMERCIAL
APN 282-261-59-00
UPID US09-9898500
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • higi Physician
  • Western Union Bank Credit Union
  • Amazon Locker - Pilot Courier Service Postal Service
  • Coinhub Bitcoin ATM Teller Atm
  • Roger Cranwill Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.68M
CAP Approach CAP
$5.37M
Comparable Approach Comparable
$7.74M
Blend (final) Blend
$5.62M
Owner & transaction history
River Oaks II LLC · 4 yrs held
River Oaks II LLC
since 2022
Last sale
$6.0M
7 recorded transactions
2022
$6.0M
2014
$5.8M
2013
$4.5M
2011
Price N/A
2007
$6.2M
1998
Price N/A
1998
$4.9M
Zoning & alternative use
COMMERCIAL · Ramona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $8.5M +51.7%
Office building $8.0M +43.3%
Apartment house (5+ units) $7.0M +25.1%
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