Property profile

342 El Cajon Blvd El Cajon, CA 92020

OFF-MARKET
Commercial land
Property ID
US09-6822914
0.23 ac lot
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 342-360 El Cajon Blvd in El Cajon, California (zip code 92020), offers 41,253 square feet of commercial space. The property boasts a prime location on El Cajon Boulevard and S. Johnson Avenue, a high-traffic area with approximately 14,300 cars passing daily, ensuring excellent visibility and frontage for any business. Its C-G zoning permits a variety of commercial uses. The property's strategic positioning provides easy access to Interstate 8, facilitating convenient ingress and egress. Furthermore, its proximity to numerous amenities, including the Main Street Shopping Center (featuring Starbucks, Panda Express, 24 Hour Fitness, and Ross Dress for Less), a United States Post Office, and public transportation (El Cajon Trolley), enhances its appeal and convenience. The nearby Health and Wellness Center adds to the property's overall desirability. The APN numbers are 487-321-01-00, 487-321-24-00, 487-321-25-00, and 487-321-26-00. This property presents a compelling development opportunity due to its blend of accessibility, visibility, and convenient location within a thriving community.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.23 ac (10,116 SF)
Zoning code COMMERCIAL
APN 487-321-24-00
UPID US09-6822914

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

342 El Cajon Blvd El Cajon, CA 92020
El Cajon metro Census 16000 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.94M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.94M

Owner & transaction history

since 2023
Last sale
$2.9M
2 recorded transactions
2023
$2.9M
2007
Price N/A

Zoning & alternative use

COMMERCIAL · El Cajon, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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