Property profile

500 8th St 60 National City, CA 91950

OFF-MARKET
Community centers
Property ID
US09-9424599
30,660 SF 1.87 ac lot Built 1988
Individually Owned 36-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional 30,790 square foot neighborhood shopping center presents a unique investment opportunity in San Diego County. Situated on an expansive 81,457 square foot lot, this multi-tenant property boasts convenient access to major freeways, I-5 and I-805. The property features ample parking with 126 spaces (a 4.2/1,000 ratio). Zoned MXC-2 Major Mixed-Use Corridor, the highest and best use includes general retail, medical office, and postal services. The center offers prominent pylon signage and a unique tenant benefit: free advertising in The Filipino Press Weekly Newspaper. Currently available is Suite 2, a 1,500 square foot retail/office space (30' x 50'). This suite includes a built-out restroom and two entry doors (one single, one double hung). Lease rates are triple net; inquiries are welcome.

Property profile

Verified
Property type Community centers
Use group MINI-MALL
Year built 1988
Total area 30,660 SF
Lot 1.87 ac (81,457 SF)
Zoning code COMMERCIAL
APN 556-492-23-00
UPID US09-9424599

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

500 8th St, Unit 60 National City, CA 91950-2344
National City metro Census 11700 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$7.27M

Owner & transaction history

since 1990
2 recorded transactions
2016
Price N/A
1990
Price N/A

Zoning & alternative use

COMMERCIAL · National City, 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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 500 8th St, Unit 60?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message