3096 National Ave San Diego, CA 92113
- Retail space
- 4,241 SF
- 0.40 lot acres
Current Use by Public Records
- El Paisa / Restaurant
- K&Y Roofing Services / Roofing Company / General Contractor
Property Details for 3096 National Ave
- Lot size
- 0.40 lot acres
- Property size
- 4,241 SF
- Zone code
- INDUSTRIAL (M ZONE)
- Property type
- Retail space
- APN
- 550-032-19-00
- APU
- 5500321900
Description
This San Diego mixed-use property at 3096 National Ave offers a compelling investment opportunity. Priced at $2,600,000, this 4,241 square foot, Class B property boasts a 4.17% cap rate and a strong net operating income of $108,500. Currently 100% occupied with three tenants under net leases, the property provides immediate cash flow with potential for future redevelopment. Situated on a 17,568 square foot lot with 15 parking spaces, the property features four buildings and is zoned CC-3-6, allowing for mixed-use development. Built in 1940, the property includes 4,059 square feet of net rentable space, with approximately 1-2 years remaining on existing leases. The location in the Logan Heights community offers proximity to the SD Naval Base and the Port of San Diego, along with schools and public transit. An architectural concept design suggests potential for mixed-use retail and residential construction, though necessary permissions and zoning amendments would need to be secured. The property's prime location and redevelopment potential make it an attractive investment in a growing area. All information is based on owner-provided data and public records. APN: 550-032-19.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $510,000
- ML approach
- $595,000
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Location Insight
- Map
- Local Demand
- City
- San Diego
- County
- San Diego
- State
- California
- Longitude
- -117.128
- Latitude
- 32.6963
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
