615 Saturn BlvdSan Diego, CA 92154

  • Retail properties
  • 5,480 SF
For Lease

Property Details for 615 Saturn Blvd

Year built
1986
Lot size
0.89 AC
Property size (Sq ft)
5,480 SF
Zone code
COMMERCIAL
Property type
Retail properties
Property subtype
Turn key restaurants
APN
627-101-04-00
APU
6271010400

Description

Southland Plaza, located at 615 Saturn Blvd in San Diego, CA 92154, offers exceptional retail space within a thriving power center. This property totals 4,000 square feet, currently entirely vacant and available for lease. Two contiguous spaces are available, with a minimum leasable area of 1,600 square feet and a maximum contiguous space of 2,400 square feet. The property's prime location in San Diego offers excellent visibility and accessibility for businesses seeking high foot traffic. Ideal for a variety of retail uses, this space presents a unique opportunity for businesses looking to establish or expand their presence in a dynamic market. The property is classified as a retail power center, indicating a strong potential for attracting customers and generating revenue. The address is easily accessible, providing convenient access for both customers and employees. With its ample square footage and strategic location, Southland Plaza offers a compelling investment opportunity for businesses seeking a prominent retail presence in San Diego. The entire 4,000 square feet is available for lease, providing flexibility for businesses with varying space requirements. Interested parties should inquire about lease terms and conditions.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,688,584
    6.5%
    $1,558,693
    7%
    $1,447,357
  • Comparable approach

    Method
    Valuation
    Relative Method
    $2,234,998
    Geo Method
    $4,860,565
  • Alternative Use

    Use
    Valuation
    Residential
    $1,314,816
    Hospitality
    $1,204,364
    Educational
    $1,002,017
    Medical
    $1,036,478
    Retail
    $1,558,693
615 Saturn Blvd, San Diego, California

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.5845
Longitude
-117.092
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
$32,585
$2,060,418
$737,883
$2,798,301
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FAQs

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