204 Coast Highway 101Encinitas, CA 92024

Property Details for 204 Coast Highway 101

Lot size

0.57 AC

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Other automotive properties

APN

256-392-03-00

APU

2563920300

Description

This exceptional 0.57-acre property at 204 N Coast Hwy 101 in Encinitas, CA (APN 256-392-03-00), presents a unique redevelopment opportunity. Currently occupied by Caliber Collision on a short-term NNN lease with no renewal options, this site offers immediate income while entitlements are pursued. The property boasts 6,658 square feet across two single-story buildings and benefits from N-CM-2 zoning, allowing for up to 25 dwelling units per acre or 28 units utilizing state density bonus laws. This flexible zoning permits a wide range of commercial and residential uses, including mixed-use developments. The location is highly desirable, situated just steps from downtown Encinitas and Moonlight Beach, with excellent visibility along Coast Highway 101 (115 feet of frontage and 18,347 ADT). The affluent Leucadia neighborhood offers a strong demographic profile, with an average annual household income of $161,339 and a median home sale price of $2,650,500 within a one-mile radius. Proximity to the Encinitas Coaster & Transit Station (0.5 miles) and a walk score of 84 further enhance the property's appeal. This is an unparalleled chance to capitalize on a prime coastal location with expansive development potential.

• CAP approach

  CAP return

  Valuation

  6%

  $7,650,701

  6.5%

  $7,062,186

  7%

  $6,557,744

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,126,416

  Geo Method

  $22,022,440

• Alternative Use

  Use

  Valuation

  Residential

  $5,957,218

  Hospitality

  $5,456,780

  Educational

  $4,539,976

  Medical

  $4,696,114

  Retail

  $7,062,186

Location Insight

City

Encinitas

County

San Diego

State

California

Latitude

33.0527

Longitude

-117.296

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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