856 Grand AveSan Diego, CA 92109

  • Turn key restaurants
  • 0.14 AC

Property Details for 856 Grand Ave

Lot size
0.14 AC
Zone code
COMMERCIAL
Property type
Turn key restaurants
APN
423-043-14-00
APU
4230431400

Description

This exceptional 5,058-square-foot retail space is ideally situated at 856 Grand Avenue in San Diego, California, zip code 92109. The property is a single-tenant building, offering a blank canvas for a wide range of retail businesses. Its entire footprint of 5,058 square feet is currently vacant, presenting a unique opportunity for immediate occupancy and customization. The property's location in San Diego offers excellent visibility and accessibility, making it an attractive proposition for businesses seeking a high-traffic area. The address, 856 Grand Avenue, is easily identifiable and conveniently located within the city. This property is classified as commercial retail and is categorized as a single-tenant building. The building's size provides ample space for a variety of retail concepts, from boutiques and specialty stores to larger-format retailers. The completely vacant space allows for a tenant to design and build-out the interior to perfectly suit their specific needs and brand identity. This presents a rare opportunity to establish a strong presence in a desirable San Diego location. The property's geographic coordinates are 32.7951542 latitude and -117.2542465 longitude, providing precise location data for mapping and logistical planning. This turnkey retail space is ready for immediate occupation and offers significant potential for growth and success. Serious inquiries are encouraged.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,886,099
    6.5%
    $1,741,014
    7%
    $1,616,656
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,496,427
    Geo Method
    $5,429,109
  • Alternative Use

    Use
    Valuation
    Residential
    $1,468,610
    Hospitality
    $1,345,239
    Educational
    $1,119,223
    Medical
    $1,157,715
    Retail
    $1,741,014

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7952
Longitude
-117.254
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
$5,563
$450,745
-
$450,745
-
-
-
-

FAQs

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