13606 Highway 8 BusinessLakeside, CA 92040

Property Details for 13606 Highway 8 Business

Year built

1945

Lot size

1.42 AC

Property size (Sq ft)

1,787 SF

Zone code

COMMERCIAL

Property type

Parking lots & garages

APN

398-220-21-00

APU

3982202100

Description

This exceptional San Diego County commercial property, located at 13606 Hwy 8 Business in Lakeside, CA 92040, offers a unique investment opportunity. The 1.42-acre lot features two free-standing buildings totaling 1,787 square feet, currently utilized as an RV sales, service, and storage business. The property is classified as Class C and boasts a single-tenant occupancy. Its convenient location provides easy access to Interstate 8, enhancing its appeal for a variety of commercial uses. The property's zoning (C-36) allows for flexibility in potential uses and development. The buildings are suitable for a range of businesses, and the expansive lot offers ample space for expansion or additional structures. This versatile property presents a compelling opportunity for entrepreneurs and investors seeking a well-situated commercial space in a growing area. The property's size and location make it ideal for a variety of businesses, and its current configuration as an RV business provides a strong foundation for future development. The potential for demise of the lot adds further flexibility for future tenants or owners. This is a rare opportunity to acquire a substantial commercial property in a desirable Lakeside location.

• CAP approach

  CAP return

  Valuation

  6%

  $584,019

  6.5%

  $539,095

  7%

  $500,588

• Comparable approach

  Method

  Valuation

  Relative Method

  $741,296

  Geo Method

  $1,585,005

• Alternative Use

  Use

  Valuation

  Residential

  $454,747

  Hospitality

  $416,546

  Educational

  $346,561

  Medical

  $358,480

  Retail

  $539,095

Location Insight

City

Lakeside

County

San Diego

State

California

Latitude

32.8395

Longitude

-116.896

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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