1250 Prospect StSan Diego, CA 92037
- Retail properties
- 40,896 SF
Property Details for 1250 Prospect St
- Year built
- 1975
- Lot size
- 0.56 AC
- Property size (Sq ft)
- 40,896 SF
- Zone code
- COMMERCIAL
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 350-050-20-00
- APU
- 3500502000
Description
1250 Prospect Street, San Diego, CA 92037 presents an exceptional opportunity for retail and restaurant businesses seeking a prime coastal location. This 14,532 square foot commercial property offers multiple tenancy options, with four suites available. Individual suite sizes range from a minimum of 1,044 square feet to a maximum contiguous space of 6,747 square feet. Currently, there is 11,330 square feet of vacant space available, providing significant potential for expansion or multiple tenant occupancy. The property is located in San Diego County and benefits from its proximity to established businesses, including George's and Blue Ocean (names used for illustrative purposes only). This location offers high visibility and accessibility, making it an ideal choice for businesses seeking strong foot traffic and brand exposure. The property's versatile layout allows for customization to suit a variety of business needs. This is a rare opportunity to secure a prominent space in a highly desirable coastal area. Inquire today for detailed lease terms and availability.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $12,601,517
- 6.5%
- $11,632,170
- 7%
- $10,801,301
-
Comparable approach
- Method
- Valuation
- Relative Method
- $16,679,282
- Geo Method
- $36,273,296
-
Alternative Use
- Use
- Valuation
- Residential
- $9,812,171
- Hospitality
- $8,987,895
- Educational
- $7,477,824
- Medical
- $7,734,998
- Retail
- $11,632,170
Location Insight
- City
- La Jolla
- County
- San Diego
- State
- California
- Latitude
- 32.8494
- Longitude
- -117.272
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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