This exceptional 14,398-square-foot executive office space is ideally situated at 605 3rd Street in Encinitas, California, zip code 92024. The entire building is currently vacant and available for lease, presenting a unique opportunity for a single tenant or multiple tenants seeking a prominent location within the desirable Encinitas – North Beach Cities submarket of San Diego County. The property is zoned D-OM, offering flexibility for a variety of professional uses. The building's total square footage is 14,398 square feet, all of which is currently available. This presents a rare chance to secure a substantial and highly visible office space in a thriving coastal community. The address is easily accessible and benefits from excellent visibility and convenient access to local amenities. Detailed specifications and lease terms are available upon request. This property is perfect for a business seeking a substantial, high-profile presence in a sought-after location. The building's size and layout offer significant potential for customization to meet the specific needs of a discerning tenant. Don't miss this opportunity to establish your business in this prime Encinitas location. Contact us today to schedule a viewing and discuss your leasing requirements.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$1,526,812
6.5%
$1,409,365
7%
$1,308,696
Comparable approach
Method
Valuation
Relative Method
$2,020,878
Geo Method
$4,394,908
Alternative Use
Use
Valuation
Residential
$1,188,852
Hospitality
$1,088,982
Educational
$906,020
Medical
$937,180
Retail
$1,409,365
Location Insight
City
Encinitas
County
San Diego
State
California
Latitude
33.0441
Longitude
-117.295
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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