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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    702 Seacoast Dr Imperial Beach, CA 91932-1842

    • Retail space
    • 2,834 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimations
    $660,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9044117
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Tomer C Plumbing / Plumber
    • Ib barbershop / Barber Shop
    • Ocean Massage / Massage Spa / Massage Therapist
    • Country Ease Lawn Care and Landscape Maintenance / Landscaper
    • Jeorge’s Barber Shop / Barber Shop

    Property Details for 702 Seacoast Dr

    Year built
    1998
    Lot size
    0.51 lot acres
    Property size
    2,834 SF
    Zone code
    COMMERCIAL
    Property type
    Retail space
    APN
    625-181-13-03
    APU
    6251811303

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $740,000
      6.5%
      $685,000
      7%
      $635,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $442,000
      Market price range: $233k - $727k

    • Alternative Use

      Use
      Estimation
      AUTO REPAIR, GARAGE
      $1,080,000
      OFFICE BUILDING
      $1,020,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Imperial Beach
    County
    San Diego
    State
    California
    Longitude
    -117.132
    Latitude
    32.5835
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $8,796
    $306,350
    $383,234
    $689,584
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      169 SF

      710 Seacoast Dr E E Ste

      RETAIL STORES (PERSONAL SERVICES) • 169 SF
      710 Seacoast Dr E E Ste, Imperial Beach, CA 91932-1865
      View Details
    • Value Estimation
      $560,000
      2,934 SF

      704 Seacoast Dr, Unit A

      RETAIL STORES (PERSONAL SERVICES) • 2,934 SF
      704 Seacoast Dr, Imperial Beach, CA 91932-1842
      View Details
    • Value Estimation
      $1,595,000
      9,985 SF

      760 13th St, Unit 72

      RETAIL STORES (PERSONAL SERVICES) • 9,985 SF
      760 13th St, Imperial Beach, CA 91932-2308
      View Details
    • Value Estimation
      $595,000
      2,970 SF

      743 Emory St

      RETAIL STORES (PERSONAL SERVICES) • 2,970 SF
      743 Emory St, Imperial Beach, CA 91932-2231
      View Details
    • Value Estimation
      $1,145,000
      5,780 SF

      221 Palm Ave

      RETAIL STORES (PERSONAL SERVICES) • 5,780 SF
      221 Palm Ave, Imperial Beach, CA 91932-1018
      View Details
    • Value Estimation by Request
      3,670 SF

      987 Palm Ave, Unit 89

      RETAIL STORES (PERSONAL SERVICES) • 3,670 SF
      987 Palm Ave, Imperial Beach, CA 91932-1533
      View Details

    Similar Nearby for Sale

    • $3,605,000

      Mixed-Use Property in Imperial Beach

      Mixed-use property with residential and commercial spaces in Imperial Beach.
      1144-1146 13Th St, Imperial Beach, CA 91932
      View Details
    • $1,999,000

      Mixed-Use Property in Imperial Beach

      Retail and car wash with redevelopment potential in Imperial Beach.
      1115 Palm Ave, Imperial Beach, CA 91932
      View Details
    • $3,450,000

      Commercial Land For Sale

      Commercial land available for sale.
      789 Calla Ave, Imperial Beach, CA 91932
      View Details
    • $2,100,000

      Imperial Beach Specialty Property

      Specialty property available for sale in Imperial Beach, California.
      843 10Th St, Imperial Beach, CA 91932
      View Details
    • New
      $250,000
      0.04 Acres

      Land Near Imperial Beach

      Land with alley entrance near the beach in Imperial Beach.
      7 Thru 8, Imperial Beach, CA 91932
      View Details
    • $2,000,000

      Commercial Land for Sale

      Commercial land available for sale.
      277 Evergreen Ave, Imperial Beach, CA 91932
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,021 SF

      Retail Space on Palm Avenue

      Retail space with high visibility and strong demographics.
      639 7Th St, Imperial Beach, CA 91932
      View Details
    • Contact for pricing
      8,263 SF

      Seacoast Drive Retail Spaces

      Imperial Beach Retail & Restaurant Opportunity
      951 Seacoast Dr, Imperial Beach, CA 91932
      View Details
    • Contact for pricing
      827 SF

      Imperial Beach Retail Center Space

      Retail and office spaces for lease in Imperial Beach.
      600-636 Palm Ave, Imperial Beach, CA 91932
      View Details
    • $2,550 /Mo

      Imperial Beach Townhome For Rent

      Two-story townhome in Imperial Beach with modern amenities.
      1477 14Th St, Imperial Beach, CA 91932
      View Details
    • $2,800 /Mo
      950 SF

      Newly Painted Condo Near Beach

      Three-bedroom, one-bathroom condo with modern appliances and included parking.
      575 7Th St, Imperial Beach, CA 91932
      View Details
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    Imperial Beach, CA 91932-1842
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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