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Property profile & analytics
FOR SALE
Marinas

2240 Shelter Island Dr San Diego, CA 92106

12,000 SF
Property ID
US09-6658632
2240 Shelter Island Dr, San Diego, CA 92106 For Sale
$27,000,000 12,000 SF
2240 Shelter Island Dr, San Diego, CA 92106
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Property summary
AI-generated overview

Class-A wet slip marina for sale in a prime West Coast MSA Shelter Cove Marina is an iconic fixture on North San Diego Bay's America's Cup Harbor. This is a once in a lifetime opportunity to acquire a marina in one of the most desirable boating markets in the Unites States. Shelter Cove Marina is a first-class wet slip marina that is absentee owned and turnkey. The marina derives nearly all of its income from slip rentals and multiple commercial tenants. This is a rare, truly passive, marina investment opportunity. Michelle Ash, Marina Investment & Marketing Adviser SIMPLY MARINAS 4000 Ponce De Leon Blvd, Suite 470 Coral Gables, FL 33146 ash1@ simplymarinas.com 305-439-9581 Eric Israel, Broker of Record Virtual Realty Group Inc. CA License #: 01412095 92 corporate park. Suite 744 Irvine, CA 92606 TeamVRG@ gmail.com 949-302-8100

Property profile
Verified
Property type Marinas
Total area 12,000 SF
UPID US09-6658632
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
  • Trek Properties Travel Agency
  • Baker Robert G CPA Accounting Firm Tax Preparation
  • San Diego Yacht Sales (Bike/Boat/Book/etc) Store
  • Tate & Associates Accounting Firm Tax Preparation
  • Shelter Island Sailing Sailing School
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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