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    OFF-MARKET
    Industrial properties

    2432 Fenton St 100, Chula Vista, CA 91914-3516

    5,199 SF Built 2023
    Entity Owned 4-yr Hold ~ Est. High Equity
    Property ID
    US09-6964628
    Property summary
    AI-generated overview

    This exceptional 7,529-square-foot industrial property, located at 2432 Fenton St #200 in Chula Vista, California, presents a compelling owner-user investment opportunity. Built in 2022, this Class B building offers a single-story, 17-foot ceiling height layout, perfect for distribution, flex, or warehouse operations. The property sits on a fee simple lot, identified by APN 565-711-20-05, and is zoned IL. Its strategic location in the South Bay's I-7 area provides excellent access to major transportation routes and a thriving business community. The asking price is $2,899,000, translating to $385.04 per square foot. Occupancy is available September 9, 2024. This modern facility offers a contemporary design and is ready for immediate use, making it an ideal solution for businesses seeking efficient and versatile space in a prime location. The property consists of one building with a total of 7,529 square feet. This represents a rare opportunity to acquire a high-quality industrial asset in a rapidly growing market. Don't miss this chance to secure a valuable property in San Diego County's Chula Vista.

    Property profile
    Verified
    Property type Industrial properties
    Use group CONDOMINIUMS (INDUSTRIAL)
    Year built 2023
    Total area 5,199 SF
    Zoning code INDUSTRIAL (M ZONE)
    APN 595-711-20-03
    UPID US09-6964628
    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
    • IRE Development LLC Construction Company General Contractor
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Co Production International INC · 4 yrs held
    Co Production International INC
    since 2022
    Last sale
    $2.5M
    2 recorded transactions
    2022
    $2.5M
    2022
    $2.5M
    Zoning & alternative use
    INDUSTRIAL (M ZONE) · Chula Vista, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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