3753 John J Montgomery DrSan Diego, CA 92123

  • Retail properties
  • 409.77 AC
For Sale
$850,000 View listing

Property Details for 3753 John J Montgomery Dr

Lot size
409.77 AC
Zone code
INDUSTRIAL (M ZONE)
Property type
Retail properties
Property subtype
Auto shops
APN
760-222-32-39
APU
7602223239

Description

Exceptional investment opportunity: a 4,900 square foot airplane hangar situated at Montgomery Gibbs Executive Airport in San Diego, California. This property boasts a convenient location, offering easy access to major freeways including I-805, Hwy 163, I-15, and close proximity to Hwy 52. The hangar itself measures approximately 70' x 70' and includes a valuable 1-bedroom apartment complete with a walk-in closet, office space, a steel-enclosed gun room, and a laundry room. A rear access roll-up garage door provides convenient access. The property is subject to a ground lease expiring May 31, 2056. Enjoy complimentary line service and access to FBO facilities. The surrounding area offers an abundance of retail amenities, including Target and Walmart, adding to the property's overall appeal. Priced at $850,000, this unique property presents a compelling investment opportunity in a prime location. The asking price per square foot is $173.47. The property is located at 3753 John J Montgomery Dr, San Diego, CA 92123.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,500,115,456
    6.5%
    $5,077,029,376
    7%
    $4,714,384,384
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,279,915,008
    Geo Method
    $15,832,006,656
  • Alternative Use

    Use
    Valuation
    Residential
    $4,282,664,192
    Hospitality
    $3,922,897,408
    Educational
    $3,263,804,672
    Medical
    $3,376,051,968
    Retail
    $5,077,029,376
3753 John J Montgomery Dr, San Diego, California

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.8146
Longitude
-117.141
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
$8,480
$40,617
$649,924
$690,541
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-
-
-

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