990 Avenida Vista HermosaSan Clemente, CA 92673

  • Other commercial real estate
  • 13.14 AC
For Sale
$3,975,000 View listing

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
990 Avenida Vista Hermosa, San Clemente, California

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

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
$294,903
$16,208,223
$12,917,624
$29,125,847
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