3645 Midway DrSan Diego, CA 92110

Property Details for 3645 Midway Dr

Year built

1989

Lot size

4.11 AC

Property size (Sq ft)

50,513 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Grocery and convenience stores

APN

441-260-06-00

APU

4412600600

Description

Point Loma Plaza, located at 3645 Midway Dr, San Diego, CA 92110, offers a prime retail opportunity in San Diego County. This multi-tenant property boasts a total of 205,076 square feet, with five individual suites available. Spaces range from a minimum of 228 square feet to a maximum contiguous space of 1,944 square feet, providing flexibility for various business needs. Currently, 4,855 square feet are vacant, presenting a unique chance to establish or expand your business in this vibrant location. The property's strategic location offers direct access to major freeways, I-5 and I-8, ensuring excellent accessibility and high visibility. This coastal location benefits from a substantial daytime population, creating a strong customer base for retail ventures. The property type is classified as retail, with a subtype including commercial and fitness space options, making it suitable for a diverse range of businesses. The property is ideal for businesses seeking high traffic and convenient access within a thriving San Diego community. Consider this exceptional opportunity to secure your space in this well-positioned retail center.

• CAP approach

  CAP return

  Valuation

  6%

  $15,564,858

  6.5%

  $14,367,562

  7%

  $13,341,307

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,601,540

  Geo Method

  $44,803,232

• Alternative Use

  Use

  Valuation

  Residential

  $12,119,576

  Hospitality

  $11,101,466

  Educational

  $9,236,290

  Medical

  $9,553,940

  Retail

  $14,367,562

Location Insight

City

San Diego

County

San Diego

State

California

Latitude

32.7513

Longitude

-117.217

CBSA code

41740

CBSA name

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

Property Tax & Assessments

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