12955 El Camino RealSan Diego, CA 92130

  • Retail properties
  • 1.02 AC
For Sale
$600,000 View listing

Property Details for 12955 El Camino Real

Year built
1993
Lot size
1.02 AC
Zone code
COMMERCIAL
Property type
Retail properties
Property subtype
Strip malls
APN
304-072-48-00
APU
3040724800

Description

This exceptional San Diego restaurant opportunity presents a fully fixturized, turnkey operation ideally situated at 12955 El Camino Real, San Diego, CA 92130. The property encompasses a 2,599 square foot interior space complemented by an expansive 828 square foot outdoor patio, perfect for expanding seating capacity and creating a vibrant atmosphere. Recently renovated in 2021, the restaurant boasts a sophisticated design by Ikedo Design and Suncoast Construction Inc., showcasing high-quality finishes and a modern aesthetic. The sale includes top-of-the-line equipment, ensuring a seamless transition for the new owner. Operational efficiency is enhanced by features such as automated oil management provided by Restaurant Technologies and energy-saving sensor lights. Currently generating $26,000 in monthly rent with seven years remaining on the lease, this presents a strong income stream. A full alcohol license is available for separate purchase. This is a rare opportunity to acquire a thriving, established restaurant with significant upside potential in a prime San Diego location. The property is offered at an asking price of $600,000. Please schedule a showing to fully appreciate this remarkable asset. Do not disturb the tenant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $13,690,777
    6.5%
    $12,637,640
    7%
    $11,734,952
  • Comparable approach

    Method
    Valuation
    Relative Method
    $18,121,020
    Geo Method
    $39,408,716
  • Alternative Use

    Use
    Valuation
    Residential
    $10,660,323
    Hospitality
    $9,764,798
    Educational
    $8,124,198
    Medical
    $8,403,601
    Retail
    $12,637,640
12955 El Camino Real, San Diego, California

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.953
Longitude
-117.232
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
$67,209
$1,256,053
$4,820,160
$6,076,213
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FAQs

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