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613 W Valley Pky
Escondido, CA 92025
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • 7% CAP on Conservative Pro Forma (Building Rehab)
  • $99 psf for Land (Tear Down) - #Units per Acre
  • 48% Vacant - 1.67% in Place CAP Rate
  • Hybrid (Excess Land) - Keep & Rehab Building - Build on Excess - 24 Units

EXECUTIVE SUMMARY

Investment, Owner-User or Redevelopment Opportunity.

PROPERTY FACTS Under Contract

Sale Type
Investment or Owner User
Property Type
Office
Building Size
45,871 SF
Building Class
B
Year Built
1984
Price
$16,246,004 CAD
Price Per SF
$354.17 CAD
Cap Rate
7%
NOI
$1,137,220 CAD
Percent Leased
47%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
15,290 SF
Slab To Slab
8’
Building FAR
0.39
Lot Size
2.73 AC
Zoning
SPA - Specific Plan Area
Parking
193 Spaces (4.21 Spaces per 1,000 SF Leased)

AMENITIES

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 232-100-20
  • 232-100-21
Land Assessment
$4,320,785 CAD
Improvements Assessment
$10,267,125 CAD
Total Assessment
$14,587,910 CAD
  • Listing ID: 30170180

  • Date on Market: 2023-11-27

  • Last Updated:

  • Address: 613 W Valley Pky, Escondido, CA 92025

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