1670 Main StRamona, CA 92065

Property Details for 1670 Main St

Year built

1995

Lot size

2.30 AC

Property size (Sq ft)

22,224 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

282-261-59-00

APU

2822615900

Description

This exceptional 19,753-square-foot retail space presents a compelling junior anchor opportunity within the thriving Stonegate Plaza in Ramona, California. Situated at 1670 Main Street, this single-tenant property enjoys a highly visible location on the town's main arterial, ensuring maximum exposure and accessibility. The property's strategic placement within Stonegate Plaza places it in close proximity to a variety of established regional and national retailers, creating a synergistic environment that drives significant foot traffic and consumer activity. Located just 14 minutes northeast of Poway, this location benefits from the combined strengths of a vibrant local community and convenient access to a larger regional market. The property's substantial size offers considerable flexibility for a wide range of retail uses, making it an ideal investment for businesses seeking a prominent presence in a growing California market. The address is 1670 Main St, Ramona, CA 92065. This is a single-tenant property offering a significant opportunity for a business seeking a strong foothold in the Ramona commercial center. The property's size and location within Stonegate Plaza make it an attractive option for businesses looking to establish a substantial presence in a high-traffic area.

• CAP approach

  CAP return

  Valuation

  6%

  $7,279,594

  6.5%

  $6,719,626

  7%

  $6,239,652

• Comparable approach

  Method

  Valuation

  Relative Method

  $9,225,187

  Geo Method

  $19,711,896

• Alternative Use

  Use

  Valuation

  Residential

  $5,668,256

  Hospitality

  $5,192,092

  Educational

  $4,319,759

  Medical

  $4,468,322

  Retail

  $6,719,626

Location Insight

City

Ramona

County

San Diego

State

California

Latitude

33.0357

Longitude

-116.878

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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