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Property profile & analytics
FOR SALE
Auto shops

939 W Main St El Cajon, CA 92020

0.12 ac lot
Trust Owned 11-yr Hold Absentee Owner Free & Clear
Property ID
US09-8814745
Property summary
AI-generated overview

This exceptional 3,800 square foot warehouse, situated on a 5,219 square foot lot at 939 W Main St, El Cajon, CA 92020, presents a compelling investment opportunity. The property boasts a high-visibility corner location on W. Main Street, conveniently situated just off Highway 8 ramps. Its location within El Cajon's Transit District Specific Plan makes it ideally suited for mixed-use redevelopment, aligning with the city's vision for revitalization. The asking price is $2,500,000. This existing industrial warehouse offers significant potential for redevelopment into retail, office, and residential spaces, capitalizing on the city's encouragement of such projects. The seller is open to discussing the acquisition of three additional adjacent parcels, totaling over 21,000 square feet, in a separate transaction, allowing for a larger-scale mixed-use development. These adjacent parcels include a vacant lot and a commercial building with existing tenants generating approximately $5,700 monthly income. The property's proximity to the trolley line and a residential neighborhood further enhances its appeal. Potential buyers should investigate the applicability of state laws AB2011 and SB6, as well as SB 9 & SB 10, to explore zoning variances and increased housing density options. This property offers a unique chance to participate in the transformation of a key area in El Cajon.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Lot 0.12 ac (5,219 SF)
Zoning code COMMERCIAL
APN 487-282-31-00
UPID US09-8814745
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
  • BMW Transmissions Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Rus,florin G 2011 Trust · 11 yrs held
Rus,florin G 2011 Trust
since 2015
3 recorded transactions
2015
Price N/A
2011
Price N/A
2010
Price N/A
Zoning & alternative use
COMMERCIAL · El Cajon, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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