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Property profile & analytics
OFF-MARKET Estimated value $10,700,000
Retail space

8053 Broadway 73 Lemon Grove, CA 91945-2533

13,680 SF 1.08 ac lot Built 1979
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-9600772
Property summary
AI-generated overview

This exceptional free-standing retail property, located at 8053-8099 Broadway in Lemon Grove, California, presents a unique investment opportunity. The Washington Center boasts a total of 1,020 square feet of commercial space, currently entirely vacant and ready for immediate occupancy. Situated in San Diego County, zip code 91945, this property offers high visibility and accessibility from a major thoroughfare. The building's single-tenant configuration allows for complete customization to suit a wide range of retail businesses. With its convenient location and ample space, this property is ideal for entrepreneurs seeking a high-traffic location to establish their business. The property is categorized as a retail space within the commercial sector, offering a versatile layout adaptable to various retail concepts. The address, 8053-8099 Broadway, ensures easy access for customers and employees alike. The entire 1,020 square feet is available for lease, providing a blank canvas for a new business venture. This presents a rare opportunity to secure a prominent retail space in a thriving community. The property's location in Lemon Grove, California offers a strong potential customer base and excellent visibility. This is a turnkey solution for businesses seeking a ready-to-occupy retail space in a desirable location. The property's size and configuration make it suitable for a variety of retail uses. Don't miss this chance to secure this prime retail location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1979
Total area 13,680 SF
Lot 1.08 ac (47,044 SF)
Zoning code COMMERCIAL
APN 480-132-12-00
UPID US09-9600772
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
  • Family House of Pancakes Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$10.70M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$10.70M
Owner & transaction history
Cif La Mesa LP · 2 yrs held
Cif La Mesa LP
since 2024
Last sale
$10.7M
5 recorded transactions
2025
Price N/A
2024
$10.7M
2019
Price N/A
2018
Price N/A
2005
$3.7M
Zoning & alternative use
COMMERCIAL · Lemon Grove, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center $12.3M +169.3%
Restaurant $9.0M +96.0%
Medical building $6.5M +41.9%
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