2478 Fletcher PkwyEl Cajon, CA 92020

Property Details for 2478 Fletcher Pkwy

Lot size

0.16 AC

Zone code

RESTRICTED COMMERCIAL

Property type

Retail space

APN

481-362-16-00

APU

4813621600

Description

This exceptional 7,076 square foot mixed-use commercial property at 2478 Fletcher Parkway in El Cajon, California, presents a unique investment opportunity. Located in the desirable Fletcher Hills area, this single-story building offers unparalleled flexibility. Previously occupied by a hair salon, the adaptable space features an open floor plan, a waiting area, two private offices, and a bathroom. Zoned O-P Office Professional with a valuable Mixed-Use overlay, it allows for diverse business ventures or future development. The property boasts excellent visibility on a high-traffic street, ensuring maximum exposure. Six on-site parking spaces and a private driveway provide convenient access. Its prime location near major freeways offers easy commutes. This property is ideal for owner-operators seeking a strong location, investors looking for a solid return, or developers envisioning future expansion. The asking price is $675,000. The property is situated in San Diego County, zip code 92020.

• CAP approach

  CAP return

  Valuation

  6%

  $2,180,368

  6.5%

  $2,012,648

  7%

  $1,868,887

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,885,920

  Geo Method

  $6,276,160

• Alternative Use

  Use

  Valuation

  Residential

  $1,697,744

  Hospitality

  $1,555,124

  Educational

  $1,293,845

  Medical

  $1,338,342

  Retail

  $2,012,648

Location Insight

City

El Cajon

County

San Diego

State

California

Latitude

32.8026

Longitude

-116.999

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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