2840 5Th AveSan Diego, CA 92103

  • Healthcare properties
  • 15,392 SF
For Lease

Property Details for 2840 5Th Ave

Year built
2001
Lot size
0.35 AC
Property size (Sq ft)
15,392 SF
Zone code
COMMERCIAL
Property type
Healthcare properties
Property subtype
Medical offices
APN
452-665-12-00
APU
4526651200

Description

This exceptional three-story medical office building, constructed in 2001, offers 15,073 square feet of space in the vibrant Banker's Hill neighborhood of San Diego. Currently, 5,898 square feet is available for lease within this well-maintained building. The property boasts a convenient 4:1000 parking ratio, ensuring ample parking for tenants and clients. Its CV-1 zoning designation allows for a variety of medical and office uses. Located in a high-density area, the building enjoys close proximity to numerous amenities, including a wide selection of restaurants (Mister A's, Evolution, Extraordinary Desserts, Cucina Urbana, to name a few), retail shops, grocery stores, and other medical facilities. Its strategic location provides excellent access to major freeways, Highways 163 and 5, and places it within easy reach of cultural attractions such as Balboa Park, the Botanical Gardens, and the San Diego Zoo. This is a rare opportunity to secure a well-situated medical office space in one of San Diego's most desirable locations. The building features reserved parking for tenant and client use.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,226,411
    6.5%
    $2,978,226
    7%
    $2,765,496
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,491,099
    Geo Method
    $5,417,522
  • Alternative Use

    Use
    Valuation
    Residential
    $3,693,000
    Hospitality
    $3,382,768
    Educational
    $2,814,424
    Medical
    $2,911,216
    Retail
    $4,377,992
2840 5Th Ave, San Diego, California

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7352
Longitude
-117.161
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
$45,140
$587,238
$3,084,082
$3,671,320
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FAQs

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