2015 Garnet AveSan Diego, CA 92109

  • Retail space
  • 7,645 SF

Property Details for 2015 Garnet Ave

Year built
1988
Lot size
0.35 AC
Property size (Sq ft)
7,645 SF
Zone code
COMMERCIAL
Property type
Retail space
APN
424-051-01-00
APU
4240510100

Description

This exceptional 1,836 square foot commercial space, located at 2015 Garnet Avenue in San Diego, California, 92109, presents a fantastic opportunity for a variety of retail or restaurant businesses. Previously used as a restaurant and suitable for fast food or coffee shop concepts, the single-tenant space offers a versatile layout ready for immediate occupancy. The property's prime location on Garnet Avenue ensures high visibility and foot traffic, making it an ideal spot to establish or expand a business. The address is easily accessible, offering convenient access for customers and employees alike. This property is situated in San Diego, CA, a vibrant and growing city with a strong economy and diverse population. The space is ready for immediate use, eliminating the need for extensive renovations or build-outs, allowing for a quick start to operations. This presents a unique chance to secure a well-positioned commercial property in a desirable San Diego location. The property's size and configuration make it suitable for a range of businesses seeking a high-traffic, easily accessible location. Serious inquiries are encouraged to explore this promising investment opportunity. Further details are available upon request.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,355,698
    6.5%
    $2,174,490
    7%
    $2,019,169
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,117,985
    Geo Method
    $6,780,843
  • Alternative Use

    Use
    Valuation
    Residential
    $1,834,264
    Hospitality
    $1,680,176
    Educational
    $1,397,886
    Medical
    $1,445,962
    Retail
    $2,174,490

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.8012
Longitude
-117.233
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
$28,997
$1,602,998
$755,374
$2,358,372
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FAQs

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