This exceptional mixed-use property, located at 664 Townsite Drive in Vista, California, presents a compelling investment opportunity. The building encompasses 1,488 square feet and sits on a 0.13-acre lot, offering significant versatility for a variety of commercial uses. Its prime Vista location ensures high visibility and accessibility, making it an ideal choice for businesses seeking a strong foothold in a thriving community. The property's mixed-use zoning allows for a range of potential applications, catering to entrepreneurs and investors alike. The substantial square footage provides ample space for a diverse range of business operations, from retail and office spaces to service-oriented enterprises. The 0.13-acre lot offers potential for expansion or outdoor amenities, depending on the intended use. The asking price of $899,000 represents a competitive entry point into the Vista commercial real estate market, offering strong potential for both immediate income generation and long-term appreciation. This property is ready for immediate occupancy and presents a rare opportunity to acquire a well-situated mixed-use asset in a desirable California location. Serious inquiries are encouraged to explore the full potential of this unique investment. The property's strategic location and flexible zoning make it an attractive proposition for discerning investors seeking a high-return opportunity in a dynamic market.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$381,820
6.5%
$352,449
7%
$327,274
Comparable approach
Method
Valuation
Relative Method
$254,700
Geo Method
$544,681
Alternative Use
Use
Valuation
Industrial / Distribution
$691,229
Mixed-Use / Specialty
$349,609
Hospitality / Lodging
$254,435
Office
$345,882
Institutional / Educational
$362,886
Residential Income
$424,577
Multifamily
$517,994
Automotive / Energy
$311,045
Parking / Income-Based Land
$108,903
Restaurant / Food Service
$178,455
Healthcare / Senior Housing
$360,141
Location Insight
City
Vista
County
San Diego
State
California
Latitude
33.2109
Longitude
-117.235
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Townsite Dr Vista, CA 92084
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Townsite Dr Vista, CA 92084
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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