2840 5Th AveSan Diego, CA 92103

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

Medical offices

Property subtype

Medical centers

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.

• 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

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

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