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Property profile & analytics
OFF-MARKET Estimated value $1,780,000
Community centers

520 2nd St 60 El Cajon, CA 92021-6448

19,136 SF 2.7 ac lot Built 1965
Entity Owned 8-yr Hold Absentee Owner Free & Clear
Property ID
US09-1587058
Property summary
AI-generated overview

Madison Plaza, a prime retail shopping center located at 520-580 2nd Street in El Cajon, California (zip code 92021), presents a unique opportunity for businesses seeking high-visibility space in San Diego County. This exceptional property boasts a total building area of 6,510 square feet, currently entirely vacant and ready for immediate occupancy. The flexible layout allows for multiple tenancy options, with spaces ranging from a minimum of 2,898 square feet to a maximum contiguous space of 3,612 square feet. This makes it ideal for a variety of retail concepts, from single large tenants to multiple smaller businesses. The property's strategic location in El Cajon offers excellent access to a thriving local community and significant foot traffic. The address is easily accessible from major roadways, ensuring high visibility and convenient access for customers. This is a rare chance to secure a substantial retail space in a desirable location within a well-established shopping center. The entire 6,510 square feet is available, providing an exceptional opportunity for a business seeking significant space in a high-traffic area. Contact us today to learn more about this exciting opportunity.

Property profile
Verified
Property type Community centers
Use group MINI-MALL
Year built 1965
Total area 19,136 SF
Lot 2.7 ac (117,612 SF)
Zoning code COMMERCIAL
APN 489-310-15-00
UPID US09-1587058
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Carl's Jr. Restaurant Take-out & Catering
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.78M
Owner & transaction history
MADISON PHASE 2 LLC,
MADISON PHASE 2 LLC,
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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