10659 Prospect AveSantee, CA 92071

  • Retail properties
  • 5,712 SF
For Lease
$102,000/SF/YR View listing

Property Details for 10659 Prospect Ave

Year built
1970
Lot size
0.51 AC
Property size (Sq ft)
5,712 SF
Zone code
INDUSTRIAL (M ZONE)
Property type
Retail properties
Property subtype
Auto shops
APN
384-261-05-00
APU
3842610500

Description

This exceptional 3,925-square-foot commercial property, located at 10659 Prospect Avenue in Santee, California, presents a unique opportunity for businesses seeking versatile space. The property is zoned IG and offers a flexible layout suitable for a variety of uses, including retail, industrial, and automotive-related businesses. Currently, the entire 3,925 square feet is available for lease as a single unit, providing ample space for expansion or consolidation. The building's size is ideal for businesses requiring a significant footprint without the overhead of a larger facility. Its location in Santee, CA, 92071 offers excellent access to major transportation routes, ensuring convenient commutes for employees and efficient logistics for businesses. The property's multiple tenancy designation suggests adaptability to various business models. This is a rare opportunity to secure a substantial, readily available commercial space in a desirable Santee location. Interested parties are encouraged to inquire promptly to secure this exceptional property.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,865,425
    6.5%
    $1,721,931
    7%
    $1,598,936
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,368,996
    Geo Method
    $5,066,340
  • Alternative Use

    Use
    Valuation
    Residential
    $1,452,513
    Hospitality
    $1,330,494
    Educational
    $1,106,956
    Medical
    $1,145,026
    Retail
    $1,721,931
10659 Prospect Ave, Santee, California

Location Insight

City
Santee
County
San Diego
State
California
Latitude
32.8308
Longitude
-116.966
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$2,242
$37,117
$106,885
$144,002
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FAQs

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