1025 Valley PkwyEscondido, CA 92025

  • Retail space
  • 2,400 SF
For Sale
$1,599,000 View listing

Property Details for 1025 Valley Pkwy

Year built
1958
Lot size
0.18 AC
Property size (Sq ft)
2,400 SF
Zone code
COMMERCIAL
Property type
Retail space
APN
230-121-03-00
APU
2301210300

Description

This exceptional 2,400 square foot retail building in Escondido, California, presents a unique investment opportunity. Strategically located on Valley Parkway, the property boasts high visibility with an average daily traffic count exceeding 27,000 vehicles. Currently configured as three 800 square foot units, each with independent front and back access and twelve rear parking spaces, the building offers immediate income potential. Two units are currently leased, generating a combined monthly rental income of $2,900. The property's Commercial Professional zoning allows for a wide range of uses, including but not limited to pharmacies, florists, restaurants, residential care facilities, electric vehicle charging stations, barber/beauty services, and financial institutions. Furthermore, the City of Escondido has recently approved residential development potential, allowing for up to 80 units per acre, or potentially up to 14 units on this site, significantly increasing the property's long-term value. This presents a rare chance to acquire a centrally located property with both immediate income and substantial future development possibilities. The current owner utilizes one unit as a hair salon. Don't miss this opportunity to own a piece of Escondido's thriving commercial landscape.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $785,602
    6.5%
    $725,171
    7%
    $673,374
  • Comparable approach

    Method
    Valuation
    Relative Method
    $996,045
    Geo Method
    $2,128,714
  • Alternative Use

    Use
    Valuation
    Residential
    $611,709
    Hospitality
    $560,322
    Educational
    $466,182
    Medical
    $482,214
    Retail
    $725,171

Location Insight

City
Escondido
County
San Diego
State
California
Latitude
33.1292
Longitude
-117.069
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,580
$445,000
$130,000
$575,000
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-
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