1200 Prospect StSan Diego, CA 92037

Property Details for 1200 Prospect St

Year built

1973

Lot size

0.61 AC

Property size (Sq ft)

91,500 SF

Zone code

COMMERCIAL

Property type

Office properties

Property subtype

Office buildings

APN

350-040-22-00

APU

3500402200

Description

This exceptional 2,105-square-foot retail space is located at 1200 Prospect Street in the prestigious La Jolla Village, San Diego, CA 92037. The single-tenant property offers unparalleled visibility and accessibility, boasting sweeping ocean views. Its location provides walkability to a variety of upscale restaurants and shops, ensuring high foot traffic and a desirable customer base. The building itself is known as the La Jolla Financial building. The property features ample parking, with a 3.5 spaces per 1,000 square feet parking ratio. The entire space is currently vacant, presenting a unique opportunity for a discerning tenant to establish a thriving business in this prime location. The property is classified as Commercial Retail in San Diego County. This is a single-tenant occupancy space, ideal for a business seeking a high-profile location with excellent visibility and convenient access for customers. The address is 1200 Prospect Street, San Diego, California. The property's size and location make it an attractive investment opportunity for businesses seeking to establish a strong presence in the heart of La Jolla Village. The property's convenient location and stunning views make it an ideal space for a variety of retail businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $19,179,874

  6.5%

  $17,704,500

  7%

  $16,439,893

• Comparable approach

  Method

  Valuation

  Relative Method

  $14,808,705

  Geo Method

  $32,205,256

• Alternative Use

  Use

  Valuation

  Residential

  $21,953,580

  Hospitality

  $20,109,362

  Educational

  $16,730,752

  Medical

  $17,306,148

  Retail

  $26,025,614

Location Insight

City

La Jolla

County

San Diego

State

California

Latitude

32.8492

Longitude

-117.273

CBSA code

41740

CBSA name

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

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].