This exceptional 2,300 square foot freestanding retail building, situated on a 0.17-acre lot at 759 Vista Way Unit 761, Vista, CA, presents a lucrative investment opportunity. Currently fully leased, this property is ideally suited for a 1031 exchange buyer. The building boasts a modern design with striking curb appeal, enhanced by ample, privately fenced parking and high ceilings that maximize visibility. A recent, comprehensive renovation includes fresh paint, new windows, recessed lighting, and updated restrooms. Each of the two units features added warehouse space in the rear, complete with convenient roll-up doors. This prime location enjoys high visibility on E Vista Way and Townsite Dr., benefiting from significant traffic flow. The surrounding area is experiencing substantial growth, with multiple residential and commercial developments underway or planned, including over 1,000 high-end homes/townhomes and three new retail projects. Its strategic placement near one of North Vista's busiest intersections makes it suitable for a wide range of commercial retail uses. The asking price is $1,250,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$583,739
6.5%
$538,836
7%
$500,347
Comparable approach
Method
Valuation
Relative Method
$389,404
Geo Method
$832,761
Alternative Use
Use
Valuation
Industrial / Distribution
$1,056,780
Mixed-Use / Specialty
$534,490
Hospitality / Lodging
$388,982
Office
$528,790
Institutional / Educational
$554,788
Residential Income
$649,102
Multifamily
$791,938
Automotive / Energy
$475,533
Parking / Income-Based Land
$166,496
Restaurant / Food Service
$272,819
Healthcare / Senior Housing
$550,596
Location Insight
City
Vista
County
San Diego
State
California
Latitude
33.2086
Longitude
-117.235
CBSA code
41740
CBSA name
SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
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Vista Way 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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