Property profile

504 Alvarado St Fallbrook, CA 92028

OFF-MARKET
Retail space
Property ID
US09-9897314
11,290 SF 0.46 ac lot Built 1990
Individually Owned 7-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 1,300 square foot medical office suite, located at 504 E Alvarado St - Suite 205 in Fallbrook's desirable submarket, presents a fantastic opportunity. Situated within a larger 11,290 square foot, two-story building constructed in 1990, this single-tenant space is immediately available. The suite boasts luxury vinyl flooring, four private offices, and open office areas, perfect for a variety of medical practices. A private restroom is included, along with existing plumbing infrastructure suitable for multiple sinks. Abundant natural light and central HVAC ensure a comfortable and productive work environment. The suite previously served as a salon, and while massage services are not permitted, the space is easily adaptable to various medical uses. The property sits on a 0.46-acre lot (20,242 square feet) and benefits from high-speed AT&T Fiber internet availability. Flexible zoning (FB-V3) allows for multiple uses, enhancing the property's versatility. The monthly rent is $1,625, plus a $100 CAM fee covering trash, water, and sewer. The building features a 19-foot ceiling height, but lacks elevators. The property's APN is 103-233-28-00, and it's located in San Diego County. This move-in ready space offers a compelling combination of features and location, making it an ideal choice for medical professionals seeking a well-appointed and conveniently located office.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1990
Total area 11,290 SF
Lot 0.46 ac (20,242 SF)
Zoning code INDUSTRIAL (M ZONE)
APN 103-233-28-00
UPID US09-9897314

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
  • Insurance Agency
  • Swimming School Certification Agency
  • Health Non-Profit Organization
  • Marketing & Advertising Printing Service
  • Medical Supply Store

Location

504 Alvarado St Fallbrook, CA 92028-2366
Fallbrook metro Census 18904 SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.70M
Blend (final) Blend
$1.50M

Owner & transaction history

since 2018
2 recorded transactions
2018
$2.1M
1969
Price N/A

Zoning & alternative use

INDUSTRIAL (M ZONE) · Fallbrook, 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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