664 Townsite DrVista, CA 92084

  • Retail space
  • 1,488 SF
For Sale
$899,000 View listing

Property Details for 664 Townsite Dr

Year built
1975
Lot size
0.13 AC
Property size (Sq ft)
1,488 SF
Zone code
COMMERCIAL
Property type
Retail space
APN
176-012-19-00
APU
1760121900

Description

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

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
$3,630
$233,252
$45,510
$278,762
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message