1750 Palomar StChula Vista, CA 91913

Property Details for 1750 Palomar St

Year built

2005

Lot size

2.87 AC

Property size (Sq ft)

4,411 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

642-700-03-26

APU

6427000326

Description

This exceptional 1,573-square-foot creative office space is available for sublease in Chula Vista, California. Located on East Palomar Street, this single-tenant property offers a vibrant and convenient location within a thriving commercial hub. The surrounding area boasts a mix of commercial businesses, residential properties, schools, and parks, creating a dynamic and well-rounded environment. Enjoy easy access to major attractions such as Otay Ranch Town Center and Eastlake Business Center, as well as the scenic San Diego Bay. The property's prime location provides a perfect blend of work and leisure, with a variety of dining options, fitness centers, and green spaces nearby. Commuting is a breeze, with convenient access to major freeways and public transportation, including The Rapid bus route connecting Downtown San Diego to Otay Mesa. The building itself features a unique design, combining residential apartments above with commercial spaces at street level, offering a lively and diverse atmosphere. This C-6 zoned property is ideal for businesses seeking a dynamic and accessible location in the heart of Chula Vista. The space is perfect for a single tenant seeking a vibrant and convenient location within a thriving commercial hub.

• CAP approach

  CAP return

  Valuation

  6%

  $1,359,186

  6.5%

  $1,254,634

  7%

  $1,165,017

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,799,010

  Geo Method

  $3,912,400

• Alternative Use

  Use

  Valuation

  Residential

  $1,058,330

  Hospitality

  $969,425

  Educational

  $806,550

  Medical

  $834,289

  Retail

  $1,254,634

Location Insight

City

Chula Vista

County

San Diego

State

California

Latitude

32.6313

Longitude

-116.985

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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