990 Avenida Vista HermosaSan Clemente, CA 92673
- Other commercial real estate
- 13.14 AC
Property Details for 990 Avenida Vista Hermosa
- Lot size
- 13.14 AC
- Property type
- Other commercial real estate
- APN
- 678-161-05
- APU
- 67816105
Description
This 8,380 square foot shopping center in San Clemente, CA, presents a rare development opportunity. Located on a 2.86-acre parcel at 990 Avenida Vista Hermosa (APN 678-161-02), this fully entitled property is "shovel ready," with permits available. The center is ideally situated across from Vista Hermosa Sports Park and Aquatic Center, benefiting from strong traffic counts due to its convenient access from Interstate 5, La Pata, and Pico Avenue. The property's location within the Talega Master Planned Community, home to approximately 9,000 residents, and its proximity to over 3 million square feet of business parks ensures a substantial daytime population of over 58,000 within a 3-mile radius. The high household incomes in the area contribute to a strong and stable demographic profile. The property is entitled for multiple tenants, with monument signage already approved. Partial leasing is already in place with high-quality tenants. Asking price is $3,975,000 ($474.34/SF). This is a premier retail, restaurant, or medical space opportunity adjacent to a Target store.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $137,332,720
- Hospitality
- $125,796,032
- Educational
- $104,660,824
- Medical
- $108,260,272
- Retail
- $162,805,728
Location Insight
- City
- San Clemente
- County
- Orange
- State
- California
- Latitude
- 33.4634
- Longitude
- -117.607
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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