1454 Garnet AveSan Diego, CA 92109

Property Details for 1454 Garnet Ave

Year built

1963

Lot size

0.36 AC

Property size (Sq ft)

5,700 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

423-091-21-00

APU

4230912100

Description

This exceptional 5,700 square foot freestanding retail building is located at 1454 Garnet Avenue in San Diego's vibrant Pacific Beach neighborhood. Boasting 125 feet of frontage on Garnet Avenue, this property offers unparalleled visibility and exposure along this bustling retail corridor known for its high foot traffic. The building features a desirable open layout and benefits from rare onsite parking and a convenient driveway directly accessible from Garnet Avenue. A prominent street sign enhances its presence. The property sits on a 15,625 square foot lot and is zoned CC-4-2 (APN: 423-091-21-00). Pacific Beach is a thriving coastal community, attracting both locals and tourists with its abundance of dining, shopping, and entertainment options. The high-density area surrounding the property includes 96,956 residents and 3,635 hotel rooms within a 3-mile radius, ensuring a strong customer base. This single-tenancy building presents a unique opportunity to establish a thriving business in a prime location. The property's combination of high visibility, ample parking, and desirable location within a densely populated tourist area makes it an exceptional investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $1,756,374

  6.5%

  $1,621,268

  7%

  $1,505,463

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,324,724

  Geo Method

  $5,055,697

• Alternative Use

  Use

  Valuation

  Residential

  $1,367,600

  Hospitality

  $1,252,714

  Educational

  $1,042,244

  Medical

  $1,078,088

  Retail

  $1,621,268

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7995

Longitude

-117.243

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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