875 Hotel CirSan Diego, CA 92108

Property Details for 875 Hotel Cir

Year built

2019

Lot size

17.38 AC

Property size (Sq ft)

99,999 SF

Zone code

COMMERCIAL

Property type

Hospitality properties

Property subtype

Hotels

APN

444-060-24-00

APU

4440602400

Description

This exceptional investment opportunity presents the Legacy International Center, a retail property located at 875 Hotel Cir S, San Diego, CA 92108. The property boasts a total square footage of 1 square foot, representing a unique and potentially high-impact investment in a prime San Diego location. Situated in San Diego County, California, this asset offers unparalleled access to a thriving market and significant potential for future development or redevelopment. The asking price for this remarkable property is $215,000,000. Given the limited square footage, this listing presents a highly specialized investment opportunity requiring detailed due diligence and a thorough understanding of the unique aspects of the property and its potential. Further information regarding the specifics of the property's current use, zoning, and potential future uses is available upon request. The property's location at 32.7594188 latitude and -117.1710159 longitude provides easy access to major transportation arteries and a dense population base. Serious inquiries only. This is a unique opportunity to acquire a strategically located asset in a high-growth market. The property's current configuration and potential for future development warrant careful consideration by experienced investors.

• CAP approach

  CAP return

  Valuation

  6%

  $23,808,660

  6.5%

  $21,977,224

  7%

  $20,407,422

• Comparable approach

  Method

  Valuation

  Relative Method

  $38,032,908

  Geo Method

  $82,712,120

• Alternative Use

  Use

  Valuation

  Residential

  $23,992,744

  Hospitality

  $21,977,224

  Educational

  $18,284,792

  Medical

  $18,913,634

  Retail

  $28,443,010

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7586

Longitude

-117.171

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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