416 National City BlvdNational City, CA 91950

Property Details for 416 National City Blvd

Year built

1946

Lot size

0.11 AC

Property size (Sq ft)

5,000 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

555-041-09-00

APU

5550410900

Description

This exceptional storefront property, located at 416 National City Blvd in National City, California, presents a compelling investment opportunity. Boasting 5,000 square feet of retail space, this building, constructed in 1946, sits on a 0.11-acre lot. The property is zoned C; DSP, allowing for a diverse range of commercial uses. Potential uses include mid-high rise multi-family residential, commercial ventures, residential and visitor-serving commercial establishments (hotels, motels, restaurants), entertainment venues (theaters, clubs), light industrial manufacturing, auto-oriented retail, professional offices, and public parking. The asking price for this strategically located National City storefront is $1,450,000. Its prime location in San Diego County, zip code 91950, offers excellent visibility and accessibility, making it an ideal location for a variety of businesses. The property's substantial size and flexible zoning provide significant potential for growth and return on investment. This is a rare opportunity to acquire a well-situated, sizable retail space in a thriving California market. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $1,540,678

  6.5%

  $1,422,165

  7%

  $1,320,582

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,039,232

  Geo Method

  $4,434,822

• Alternative Use

  Use

  Valuation

  Residential

  $1,199,649

  Hospitality

  $1,098,872

  Educational

  $914,249

  Medical

  $945,691

  Retail

  $1,422,165

Location Insight

City

National City

County

San Diego

State

California

Latitude

32.6788

Longitude

-117.108

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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