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
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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