5373 Mission Center RdSan Diego, CA 92108

  • Turn key restaurants
  • 11,821 SF

Property Details for 5373 Mission Center Rd

Lot size
1.15 AC
Property size (Sq ft)
11,821 SF
Zone code
COMMERCIAL
Property type
Turn key restaurants
APN
438-170-28-00
APU
4381702800

Description

This exceptional 11,821-square-foot single-tenant retail space, ideally suited for a restaurant, is located at 5373 Mission Center Road in San Diego, California, zip code 92108. The property benefits from a highly desirable location directly across from Westfield Mission Valley mall, a major regional shopping destination. This strategic position places the property within a thriving commercial corridor experiencing significant growth and redevelopment. The surrounding area is undergoing transformation into a walkable, transit-oriented mixed-use village, enhancing accessibility and attracting a diverse customer base. The property enjoys close proximity to other key attractions including the Riverwalk development, Fashion Valley mall, and San Diego State University's Mission Valley campus. This translates to a large and readily accessible pool of potential customers, encompassing both residents and tourists. The property's central location offers convenient freeway access and proximity to public transportation options, further enhancing its appeal. Furthermore, the ongoing Complete Communities upzoning initiative and the property's location within central San Diego County contribute to a positive outlook for future development and increased property value. This presents a unique opportunity to establish a successful business in a dynamic and rapidly evolving area. The property's size and location make it an ideal investment for a discerning restaurant operator seeking a high-visibility location in a vibrant and growing market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,899,410
    6.5%
    $2,676,380
    7%
    $2,485,210
  • Comparable approach

    Method
    Valuation
    Relative Method
    $1,989,680
    Geo Method
    $4,327,060
  • Alternative Use

    Use
    Valuation
    Industrial / Distribution
    $5,290,620
    Mixed-Use / Specialty
    $2,637,970
    Hospitality / Lodging
    $1,897,820
    Office
    $2,592,240
    Institutional / Educational
    $2,732,110
    Residential Income
    $3,196,570
    Multifamily
    $3,993,810
    Automotive / Energy
    $2,341,810
    Parking / Income-Based Land
    $836,647
    Restaurant / Food Service
    $1,310,430
    Healthcare / Senior Housing
    $2,734,790

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.7725
Longitude
-117.154
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
$49,996
$3,554,348
$492,139
$4,046,487
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-
-
-

FAQs

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Please email our support team at [email protected] and they will add the team member.
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