1555 Camino De La ReinaSan Diego, CA 92108

Property Details for 1555 Camino De La Reina

Year built

1974

Lot size

9.29 AC

Property size (Sq ft)

9,999 SF

Zone code

COMMERCIAL

Property type

Super regional malls

APN

438-030-50-00

APU

4380305000

Description

This exceptional 185,051-square-foot retail storefront, formerly a Macy's, presents a significant redevelopment opportunity. Located at 1555 Camino De La Reina in San Diego, CA 92108, this three-story building, constructed in 1975, is part of the Westfield Mission Valley mall. The property benefits from a high-traffic location within a thriving retail node, situated between SR-163 (197,429 vehicles per day) and I-805 (217,997 vehicles per day) freeways, ensuring excellent accessibility. The surrounding area boasts superior demographics and high-density multifamily housing within a one-mile radius. This location offers high barriers to entry and is situated within a highly desirable Complete Communities designation. The property's size and prime location offer significant value-add potential for investors seeking a high-visibility retail space with substantial foot traffic. This is a rare opportunity to acquire a large-scale retail property in a key San Diego location.

• CAP approach

  CAP return

  Valuation

  6%

  $2,452,510

  6.5%

  $2,263,860

  7%

  $2,102,160

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,683,010

  Geo Method

  $3,660,120

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $4,475,170

  Mixed-Use / Specialty

  $2,231,370

  Hospitality / Lodging

  $1,605,300

  Office

  $2,192,690

  Institutional / Educational

  $2,311,000

  Residential Income

  $2,703,870

  Multifamily

  $3,378,230

  Automotive / Energy

  $1,980,860

  Parking / Income-Based Land

  $707,692

  Restaurant / Food Service

  $1,108,450

  Healthcare / Senior Housing

  $2,313,270

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7699

Longitude

-117.148

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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