125 Mission AveEscondido, CA 92025

Property Details for 125 Mission Ave

Year built

1974

Lot size

0.76 AC

Property size (Sq ft)

17,172 SF

Zone code

COMMERCIAL

Property type

Retail space

APN

229-180-60-00

APU

2291806000

Description

This exceptional commercial property, located at 125 W Mission Ave in Escondido, California, presents a unique investment opportunity. The 17,172 square foot building sits on a 0.96-acre lot and boasts a prominent location on a major retail corridor, ensuring high visibility and accessibility. Built in 1974, this two-story structure offers 7,660 square feet per floor, currently vacant and ready for immediate occupancy. The property features ample parking, with a ratio of 4.15 spaces per 1,000 square feet. Its General (C-G) Commercial zoning allows for a wide range of commercial uses. The property's location in Escondido, San Diego County (APN 229-180-60-00, zip code 92025), offers convenient freeway access and significant advantages for businesses seeking a presence in this thriving area. Furthermore, this property is situated within an Opportunity Zone, presenting additional investment incentives. This substantial retail space is ideal for a variety of commercial ventures, including non-profit organizations, seeking a high-profile location with excellent visibility and convenient access. The property's size and layout offer significant flexibility for customization to meet specific business needs.

• CAP approach

  CAP return

  Valuation

  6%

  $5,619,400

  6.5%

  $5,187,138

  7%

  $4,816,628

• Comparable approach

  Method

  Valuation

  Relative Method

  $7,126,114

  Geo Method

  $15,230,953

• Alternative Use

  Use

  Valuation

  Residential

  $4,375,545

  Hospitality

  $4,007,976

  Educational

  $3,334,589

  Medical

  $3,449,270

  Retail

  $5,187,138

Location Insight

City

Escondido

County

San Diego

State

California

Latitude

33.1296

Longitude

-117.086

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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