3458 University AveSan Diego, CA 92104

For Lease
  • Turn key restaurants
  • 0.17 AC

Property Details for 3458 University Ave

Lot size
0.17 AC
Zone code
COMMERCIAL
Property type
Turn key restaurants
APN
447-390-14-00
APU
4473901400

Description

This exceptional 1,696 square foot freestanding restaurant space is ideally situated on University Avenue in San Diego, California, within San Diego County, zip code 92104. The property boasts a highly desirable single-tenant occupancy, making it an excellent opportunity for a restaurateur seeking a turnkey operation. A key advantage is the inclusion of rare onsite parking, a significant benefit in this location. The property also features prominent pylon signage, ensuring high visibility and attracting potential customers. Existing restaurant improvements are in place, potentially reducing initial setup costs and allowing for a quicker launch. The location is strategically positioned along University Avenue, just east of Interstate 805, at the border of the vibrant North Park and Normal Heights neighborhoods. This prime location offers easy access to a large and diverse customer base. The property's address is 3458 University Ave, San Diego, CA 92104. The property type is retail, specifically a restaurant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $2,304,239
    6.5%
    $2,126,990
    7%
    $1,975,062
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,049,875
    Geo Method
    $6,632,720
  • Alternative Use

    Use
    Valuation
    Residential
    $1,794,195
    Hospitality
    $1,643,473
    Educational
    $1,367,350
    Medical
    $1,414,376
    Retail
    $2,126,990
3458 University Ave, San Diego, California

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.75
Longitude
-117.119
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
$5,318
$204,923
$82,110
$287,033
-
-
-
-

FAQs

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