Property profile

411 Broadway El Cajon, CA 92021

OFF-MARKET
Turn key restaurants
Property ID
US09-9037501
2,553 SF 0.13 ac lot
Individually Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail property at 411 Broadway, El Cajon, CA 92021, is offered for sale at $10,000,000. Boasting a substantial 2.54-acre lot (110,642 square feet), this fee-simple acquisition presents a compelling investment opportunity. The property's prime location near the intersection of I-8 and Highway 67 ensures high visibility and accessibility, attracting significant foot traffic and customer convenience. Its classification as a retail property suggests a strong potential for diverse commercial uses, benefiting from the established and thriving neighborhood. The property's financial performance is highlighted by its excellent income generation and attractive capitalization rate, making it an ideal asset for investors seeking a high-return investment in a desirable location. The large lot size offers significant potential for expansion or redevelopment, providing further opportunities to enhance the property's value and income stream. This is a rare opportunity to acquire a substantial retail property in a prime San Diego County location. The property's strategic positioning and strong financial performance make it a highly attractive investment prospect.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Total area 2,553 SF
Lot 0.13 ac (5,712 SF)
Zoning code COMMERCIAL
APN 483-241-02-00
UPID US09-9037501

Cap rate & NOI

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

Current use

Occupant on record · Public records
  • Restaurant

Location

411 Broadway El Cajon, CA 92021-5422
El Cajon metro Census 16301 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$280k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2024
7 recorded transactions
2024
Price N/A
2021
Price N/A
2015
Price N/A
2014
Price N/A
2012
Price N/A
2011
Price N/A
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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