7393 EL CAJON BLVD. LA MESA, CALIFORNIA
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kwcommercial.com KW COMMERCIAL 12780 High Bluff Drive, Suite 130 San Diego, CA 92130 We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisors should conduct your own investigation of the property and transaction. KEVIN VERNON Director/Broker 0 858.345.6975 C 858.345.6975 [email protected] CalDRE #01859120 JOHN PEWTHER Broker Assoc O 858.375.6535 C 858.375.6535 [email protected] CalDRE #00477963 7393 El Cajon Blvd, La Mesa, CA 91942 7393 EL CAJON BLVD. LA MESA, CALIFORNIA MIXED USE COMMERCIAL FOR SALE
Transcript of 7393 EL CAJON BLVD. LA MESA, CALIFORNIA
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
MIXED USE COMMERCIAL FOR SALE
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
PROPERTY HIGHLIGHTS
PROPERTY OVERVIEWKW Commercial is pleased to present 7393 El Cajon Blvd, a single parcel, 12,197 square footdevelopment opportunity located in La Mesa, California. Property is central to La Mesa's commercialdistrict on El Cajon Boulevard, with easy access to Interstate 8. This highly visible retail/mixed uselocation is adjacent to a planned residential condominium project (45 units, slated to startconstruction in July 2018). Zoning will allow for residential, commercial or a mix of 10 units abovecommercial or retail uses; height limit is 46 feet. The City of La Mesa is encouraging development ofa pedestrian-friendly, village environment in this zone and will assist developers in achieving thisgoal.
$615,000 ($50.42/ft)
Great Corner Lot- Corner of El Cajon Blvd and Jesse Street
Next to Large Planned Residential Condominium development
Located in Mixed-Use Overlay Zone
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
MIXED USE COMMERCIAL FOR SALE
Sale Price: $615,000
Lot Size: 0.28 Acres
APN #: 469-151-02
Zoning: C-D-MU
Market: San Diego
Sub Market: East County
Cross Streets: Jessie
Traffic Count: 20,000
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
SITE DESCRIPTION
Level site in mixed-use overlay zone, adjacent to approved 45-unit condominium project; constructionscheduled for completion Fall 2019.
Built-in adjacent (future) customer base next door. Mixed-use zone provides additional height opportunitiesup to six stories for mix of retail/office/residential. See website (http://www.cityoflamesa.com/DocumentCenter/Home/View/1159)
LOCATION
1.2 miles from I-8 off of the Murray Street exit, located on the South side of El Cajon Blvd. 20,000 + cars perday in front of the property.
ZONING
C-D-MU
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
MIXED USE COMMERCIAL FOR SALE
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
MIXED USE COMMERCIAL FOR SALE
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
MIXED USE COMMERCIAL FOR SALE
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
MIXED USE COMMERCIAL FOR SALE
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
MIXED USE COMMERCIAL FOR SALE
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
SUBJECT PROPERTY7393 El Cajon Blvd | La Mesa, CA 91942
$615,000Sale Price:
12,197 SFLot Size:
$50.42Price PSF:
$2,196,393Price / AC:
COMMERCIAL LAND7819 El Cajon Blvd | La Mesa, CA 91942
$662,500Sale Price:12,702 SFLot Size:$52.16Price PSF:$2,271,965Price / AC:05/04/2017Closed:
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Sold for land value. This property will be a redevelopment project. The existing building will bedemolished for a proposed new 7-Eleven location.
COMMERCIAL / MIXED USE LAND7003 El Cajon Blvd | La Mesa, CA 92115
$1,600,000Sale Price:22,259 SFLot Size:$71.88Price PSF:$3,131,137Price / AC:03/14/2018Closed:
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Great mixed-use or retail development opportunity in a highly visible, one of the busiest intersections in theeastern area of San Diego. This 16,365 square feet lot is currently zoned as Central Urbanized Planned District(CUPD-CU-2-4) that allows for a mix of commercial and some limited industrial uses with residential uses.
RESIDENTIAL LAND6195 Montezuma Road | San Diego, CA 92115
$2,125,000Sale Price:23,300 SFLot Size:$91.20Price PSF:$3,972,746Price / AC:12/08/2016Closed:
3
The property was acquired "as-is:. The new owner intends to develop a 128 bed student housingfacility. Development is expected to begin Spring 2017.
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
VACANT COMMERCIAL LAND COMPS
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
RESIDENTIAL LAND4336 53rd Street | San Diego, CA 92115
$670,000Sale Price:19,501 SFLot Size:$34.36Price PSF:$1,496,600Price / AC:11/15/2016Closed:
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On November 15th 2016 the land at 4336 53rd Street was sold for $670,000.
The land sold along with the approved plans for the construction of an 18 unit apartment site. The building plans and finalengineering are approved, the buyer will need to pay impact fees, post bonds, and pull grading and building permits. Theseller put this property on the market because he never had plans to develop this project.
The project includes 12 2 Bedroom units and 6 1 bedroom units.
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
VACANT COMMERCIAL LAND COMPS
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
SUBJECT PROPERTY PRICE LOT SIZE PRICE/AC
7393 El Cajon Blvd. La Mesa,California7393 El Cajon BlvdLa Mesa, CA 91942
$615,000 0.28 AC $2,196,393
SALE COMPS PRICE LOT SIZE PRICE/AC
1Commercial Land7819 El Cajon BlvdLa Mesa, CA 91942
$662,500 0.2,915,977,961,432,507 AC $2,271,965
2Commercial / Mixed Use Land7003 El Cajon BlvdLa Mesa, CA 92115
$1,600,000 0.5,109,963,269,054,179 AC $3,131,137
3Residential Land6195 Montezuma RoadSan Diego, CA 92115
$2,125,000 0.5,348,943,985,307,621 AC $3,972,746
4Residential Land4336 53rd StreetSan Diego, CA 92115
$670,000 0.4,476,813,590,449,954 AC $1,496,600
SALE COMPS PRICE LOT SIZE PRICE/AC
TOTALS/AVERAGES $1,264,375 0.45 AC $2,809,722
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
VACANT COMMERCIAL LAND COMPS SUMMARY
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
SUBJECT PROPERTY7393 El Cajon Blvd | La Mesa, CA 91942
1
7819 El Cajon BlvdLa Mesa, CA 91942
COMMERCIAL LAND
2
7003 El Cajon BlvdLa Mesa, CA 92115
COMMERCIAL / MIXED USE LAND
3
6195 Montezuma RoadSan Diego, CA 92115
RESIDENTIAL LAND
4
4336 53rd StreetSan Diego, CA 92115
RESIDENTIAL LAND
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
VACANT COMMERCIAL LAND COMP LOCATIONS
kwcommercial.com
KW COMMERCIAL12780 High Bluff Drive,Suite 130San Diego, CA 92130
We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. It is submitted subject to the possibility of errors, omissions, change of price, rental orother conditions, prior sale, lease or financing, or withdrawal without notice. We include projections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.
KEVIN VERNONDirector/Broker0 858.345.6975C [email protected] #01859120
JOHN PEWTHERBroker AssocO 858.375.6535C [email protected] #00477963
7393 El Cajon Blvd, La Mesa, CA 91942
7393 EL CAJON BLVD. LA MESA, CALIFORNIA
MIXED USE COMMERCIAL FOR SALE
1 Mile 2 Miles 3 Miles
Total Population 24,049 82,581 171,154Population Density 7,655 6,572 6,053Median Age 37.1 35.9 35.9Median Age (Male) 36.4 35.1 34.9Median Age (Female) 37.4 36.3 36.6Total Households 10,653 33,663 65,572# of Persons Per HH 2.3 2.5 2.6Average HH Income $63,959 $65,491 $68,660Average House Value $405,036 $490,467 $486,388
