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Property profile & analytics
OFF-MARKET Estimated value $5,100,000
Turn key restaurants

856 Grand Ave San Diego, CA 92109-3906

0.14 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-8969432
Property summary
AI-generated overview

This exceptional 5,058-square-foot retail space is ideally situated at 856 Grand Avenue in San Diego, California, zip code 92109. The property is a single-tenant building, offering a blank canvas for a wide range of retail businesses. Its entire footprint of 5,058 square feet is currently vacant, presenting a unique opportunity for immediate occupancy and customization. The property's location in San Diego offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The address, 856 Grand Avenue, is easily identifiable and conveniently located within the city. This property is classified as commercial retail and is categorized as a single-tenant building. The building's size provides ample space for a variety of retail concepts, from boutiques and specialty stores to larger-format retailers. The completely vacant space allows for a tenant to design and build-out the interior to perfectly suit their specific needs and brand identity. This presents a rare opportunity to establish a strong presence in a desirable San Diego location. The property's geographic coordinates are 32.7951542 latitude and -117.2542465 longitude, providing precise location data for mapping and logistical planning. This turnkey retail space is ready for immediate occupation and offers significant potential for growth and success. Serious inquiries are encouraged.

Property profile
Verified
Property type Turn key restaurants
Use group RESTAURANT
Lot 0.14 ac (6,121 SF)
Zoning code COMMERCIAL
APN 423-043-14-00
UPID US09-8969432
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
  • IHOP Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$5.10M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.10M
Owner & transaction history
Ims Pb LLC · 1 yrs held
Ims Pb LLC
since 2024
Last sale
$5.1M
3 recorded transactions
2024
$5.1M
1992
$690,500
1969
Price N/A
Zoning & alternative use
COMMERCIAL · San Diego, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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