12502 Poway RdPoway, CA 92064

Property Details for 12502 Poway Rd

Year built

1975

Lot size

0.36 AC

Property size (Sq ft)

6,115 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Auto shops

APN

317-540-18-00

APU

3175401800

Description

This exceptional commercial property, located at 12502 Poway Road in Poway, California, offers 7,000 square feet of versatile space across two buildings situated on a 0.62-acre lot. The property boasts a prime location on Poway Road, a major thoroughfare with 35,268 cars passing daily, ensuring high visibility and accessibility. The lot is fully fenced and secured, featuring a concrete surface. Zoned CG (Commercial General), this property allows for a wide range of uses, including medical offices (dental, urgent care, etc.), pharmacies, restaurants (with catering/delivery kitchen capabilities), postal and package services, and studios (art, dance, martial arts). Currently used as an automotive collision center with paint booths, the property presents significant redevelopment potential. Its proximity to numerous amenities, restaurants, and shopping centers further enhances its appeal. The property benefits from its location within the Poway Road Specific Plan and is just six miles from "The Farm in Poway," a large-scale development adding 406 new residential units within the next 18 months. Direct access to Interstate 15 provides excellent regional connectivity. This is a unique opportunity to acquire a substantial commercial property in a rapidly growing area of San Diego County, with a zip code of 92064.

• CAP approach

  CAP return

  Valuation

  6%

  $1,996,905

  6.5%

  $1,843,297

  7%

  $1,711,633

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,536,087

  Geo Method

  $5,423,788

• Alternative Use

  Use

  Valuation

  Residential

  $1,554,890

  Hospitality

  $1,424,271

  Educational

  $1,184,977

  Medical

  $1,225,730

  Retail

  $1,843,297

Location Insight

City

Poway

County

San Diego

State

California

Latitude

32.9525

Longitude

-117.06

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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