759 Vista WayVista, CA 92084

  • Retail space
  • 2,275 SF
For Sale
$1,250,000 View listing

Property Details for 759 Vista Way

Year built
1971
Lot size
0.18 AC
Property size (Sq ft)
2,275 SF
Zone code
COMMERCIAL
Property type
Retail space
APN
176-300-29-00
APU
1763002900

Description

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

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
$12,623
$500,000
$600,000
$1,100,000
-
-
-
-

FAQs

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