5901 SeverinLa Mesa, CA 91942

  • Strip malls
  • 57,911 SF
Off market

Property Details for 5901 Severin

Year built
1975
Lot size
5.88 AC
Property size (Sq ft)
57,911 SF
Zone code
COMMERCIAL
Property type
Strip malls
Property subtype
Neighborhood centers
APN
486-750-03-00
APU
4867500300

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $14,204,200
    6.5%
    $13,111,500
    7%
    $12,175,000
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,747,440
    Geo Method
    $21,198,300
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $25,918,700
    Mixed-Use / Specialty
    $12,923,400
    Hospitality / Lodging
    $9,297,390
    Office
    $12,699,300
    Institutional / Educational
    $13,384,600
    Residential Income
    $15,660,000
    Multifamily
    $19,565,600
    Automotive / Energy
    $11,472,500
    Parking / Income-Based Land
    $4,098,730
    Restaurant / Food Service
    $6,419,780
    Healthcare / Senior Housing
    $13,397,700

Location Insight

City
La Mesa
County
San Diego
State
California
Latitude
32.7865
Longitude
-116.998
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$202,538
$8,160,000
$6,120,000
$14,280,000
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-
-
-

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