531 Orange AveChula Vista, CA 91911

Property Details for 531 Orange Ave

Year built

1972

Lot size

0.84 AC

Property size (Sq ft)

9,715 SF

Zone code

INDUSTRIAL (M ZONE)

Property type

Manufacturing properties

APN

622-043-22-00

APU

6220432200

Description

This exceptional 9,715-square-foot retail and mixed-use building is situated on a substantial 35,695-square-foot lot at 531 Orange Avenue in Chula Vista, California, zip code 91911. Currently fully vacant, this property presents a unique owner-user investment opportunity. The building is ideally positioned in a high-traffic retail corridor, boasting proximity to major retailers such as Costco and Target. Its CC-P zoning allows for flexible commercial and mixed-use residential development, offering considerable versatility for future use. The property's location on the property line maximizes site utilization. A trolley stop is conveniently located within a half-mile walking distance, enhancing accessibility. The asking price is $3,295,000, translating to a price per square foot of $339.17. Adjacent parcels offer potential for assemblage, further increasing the property's long-term value. A potential lease rate of $15,000 per month NNN is also available. This prime location and flexible zoning make this a compelling investment opportunity in a thriving San Diego County market.

• Alternative Use

  Use

  Valuation

  Residential

  $2,330,918

  Hospitality

  $2,135,109

  Educational

  $1,776,385

  Medical

  $1,837,478

  Retail

  $2,763,266

Location Insight

City

Chula Vista

County

San Diego

State

California

Latitude

32.6027

Longitude

-117.076

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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