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    1691 Melrose Dr, Unit 93 San Marcos, CA 92078-2127
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    Property profile & analytics

    1691 Melrose Dr, Unit 93 San Marcos, CA 92078-2127


    • Retail space
    • 18,492 SF
    • 1.91 lot acres
    Off-Market
    Last Sale Oct 14, 2024
    $9,300,000
    Property ID
    US09-7056488
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $9,300,000
    Show details
    Cap Rate Potential
    3.1%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • San Elijo Dental / Dental Office
    • Manhattan Giant Pizza / Restaurant
    • San Elijo Martial Arts / Training Center / Sports School
    • Mariah's Westwind Restaurant / Restaurant
    • Windmill Cleaners III / (Bike/Boat/Book/etc) Store

    Property Details for 1691 Melrose Dr

    Year built
    2008
    Lot size
    1.91 lot acres
    Property size
    18,492 SF
    Zone code
    COMMERCIAL
    Property type
    Retail space
    APN
    223-030-96-00
    APU
    2230309600

    Description

    This exceptional Class A retail space, located at 1691-1693 Melrose Drive in the desirable La Costa submarket of San Marcos, California, presents a unique opportunity for a discerning tenant. The property boasts a total of 2,000 square feet of vacant space, perfect for a single-tenant occupancy. Situated in a thriving commercial strip center, this location offers ample parking for customers and employees, ensuring convenient access and high visibility. The property's address is 1691-1693 Melrose Drive, San Marcos, CA 92078. Its convenient location within the San Marcos submarket and the La Costa cluster guarantees high foot traffic and excellent exposure to a diverse customer base. The building is classified as Class A, reflecting its superior construction, modern amenities, and prime location. This single-tenant space is immediately available, providing a seamless transition for your business. The property's size is ideal for a variety of retail uses, offering significant potential for growth and success. Don't miss this chance to establish your business in a highly sought-after location. Contact us today to schedule a viewing and explore the possibilities.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $9,300,000
      ML approach
      $9,300,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,327,000
      Market price range: $3.51M - $8.33M
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $5,615,000
      Current use
      RESTAURANT
      $12,125,000
      Change: +116% Conversion: Easy
      MEDICAL BUILDING
      $8,775,000
      Change: +56% Conversion: Difficult
      OFFICE BUILDING
      $8,135,000
      Change: +45% Conversion: Easy
      AUTO REPAIR, GARAGE
      $7,060,000
      Change: +26% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $5,820,000
      Change: +4% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    San Marcos
    County
    San Diego
    State
    California
    Longitude
    -117.222
    Latitude
    33.1067
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $123,150
    $3,888,335
    $7,105,054
    $10,993,389
    -
    $0.00
    $0.00
    $0.00
    More about this property
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