729 D StRamona, CA 92065

Property Details for 729 D St

Year built

1986

Lot size

0.25 AC

Property size (Sq ft)

3,240 SF

Zone code

COMMERCIAL

Property type

Parking lots & garages

APN

281-321-26-00

APU

2813212600

Description

This exceptional opportunity presents the chance to acquire a well-established automotive service business in Ramona, CA. The property, located at 729 D Street, boasts a substantial 4,000 square foot building constructed of CMU block and steel, situated on a 0.25-acre lot. The building features six 34-foot deep bays, perfectly suited for servicing a wide range of vehicles. Five above-ground lifts, with capacities ranging from 7,000 to 17,000 lbs, are included, along with five 12-foot high roll-up doors. Interior ceiling heights range from 15 to 18 feet, providing ample working space. The property benefits from convenient secondary alley access from the north, enhancing operational flexibility. This business has enjoyed a strong reputation within the Ramona community for over 40 years, cultivating a loyal customer base and a history of providing high-quality automotive and heavy-duty truck services. Its prime location in Ramona's Downtown District, near the heavily trafficked intersection of Highways 67 and 78, ensures high visibility and accessibility. The seller is retiring, presenting a unique opportunity for an individual or company to step into a thriving business with established goodwill and a proven track record. The asking price is $1,495,000.

• CAP approach

  CAP return

  Valuation

  6%

  $1,061,509

  6.5%

  $979,854

  7%

  $909,865

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,345,009

  Geo Method

  $2,873,765

• Alternative Use

  Use

  Valuation

  Residential

  $826,544

  Hospitality

  $757,110

  Educational

  $629,906

  Medical

  $651,570

  Retail

  $979,854

Location Insight

City

Ramona

County

San Diego

State

California

Latitude

33.0435

Longitude

-116.864

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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